Commerce Bank Purchases New Stake in ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)

Commerce Bank purchased a new stake in ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) in the 3rd quarter, HoldingsChannel reports. The fund purchased 4,760 shares of the company’s stock, valued at approximately $239,000.

Several other hedge funds have also bought and sold shares of the business. Mariner Investment Group LLC purchased a new position in ProShares Short VIX Short-Term Futures ETF during the 3rd quarter worth $9,170,000. IMC Chicago LLC purchased a new position in ProShares Short VIX Short-Term Futures ETF during the 3rd quarter worth $6,447,000. Selway Asset Management boosted its holdings in 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 acquiring an additional 14,200 shares during the last quarter. Headlands Technologies LLC boosted its holdings in ProShares Short VIX Short-Term Futures ETF by 281.4% during the 2nd quarter. Headlands Technologies LLC now owns 3,875 shares of the company’s stock worth $238,000 after acquiring an additional 2,859 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in ProShares Short VIX Short-Term Futures ETF by 79.2% during the 1st quarter. Jane Street Group LLC now owns 134,963 shares of the company’s stock worth $15,216,000 after acquiring an additional 59,632 shares during the last quarter.

ProShares Short VIX Short-Term Futures ETF Trading Up 0.4 %

SVXY opened at $52.69 on Thursday. The business’s 50-day moving average price is $49.46 and its two-hundred day moving average price is $54.26.

ProShares Short VIX Short-Term Futures ETF Company Profile

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.