DRW Securities LLC Buys Shares of 5,104 ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)

DRW Securities LLC purchased a new position in shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,104 shares of the company’s stock, valued at approximately $256,000. DRW Securities LLC owned about 0.10% of ProShares Short VIX Short-Term Futures ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SVXY. Jane Street Group LLC lifted its holdings in ProShares Short VIX Short-Term Futures ETF by 79.2% in the 1st quarter. Jane Street Group LLC now owns 134,963 shares of the company’s stock worth $15,216,000 after purchasing an additional 59,632 shares during the last quarter. Headlands Technologies LLC lifted its stake in shares of ProShares Short VIX Short-Term Futures ETF by 281.4% in the second quarter. Headlands Technologies LLC now owns 3,875 shares of the company’s stock worth $238,000 after buying an additional 2,859 shares during the last quarter. Selway Asset Management boosted its holdings in shares of ProShares Short VIX Short-Term Futures ETF by 34.2% during the 3rd quarter. Selway Asset Management now owns 55,700 shares of the company’s stock worth $2,791,000 after buying an additional 14,200 shares during the period. Mariner Investment Group LLC acquired a new position in ProShares Short VIX Short-Term Futures ETF in the 3rd quarter valued at $9,170,000. Finally, IMC Chicago LLC bought a new position in ProShares Short VIX Short-Term Futures ETF in the 3rd quarter worth $6,447,000.

ProShares Short VIX Short-Term Futures ETF Price Performance

SVXY stock opened at $52.69 on Thursday. The company’s 50-day moving average price is $49.46 and its 200-day moving average price is $54.26.

About ProShares Short VIX Short-Term Futures ETF

The ProShares Short VIX Short-Term Futures ETF (SVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides inverse exposure to an index comprising first- and second-month VIX future positions resulting in a weighted average maturity of one month. SVXY was launched on Oct 3, 2011 and is managed by ProShares.