ProShares Ultra VIX Short-Term Futures ETF (UVXY) Trading Up 6.2%

ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY) were up 6.2% during trading on Friday . The company traded as high as $40.97 and last traded at $40.14. Approximately 14,028,911 shares traded hands during trading, an increase of 46% from the average daily volume of 9,626,166 shares. The stock had previously closed at $37.81.

Large investors have recently bought and sold shares of the business. Global Retirement Partners LLC acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the first quarter worth about $31,000. TCG Advisors LP acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the first quarter worth about $103,000. JPMorgan Chase & Co. boosted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 76.4% during the first quarter. JPMorgan Chase & Co. now owns 14,332 shares of the exchange traded fund’s stock worth $558,000 after buying an additional 6,207 shares during the period. Rational Advisors LLC acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the first quarter worth about $565,000. Finally, Two Sigma Investments LP acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the fourth quarter worth about $771,000.

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About ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY)

ProShares Ultra VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P 500 VIX Short-Term Futures Index. UVXY provides leveraged exposure to the S&P 500 VIX Short-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts with a weighted average of one month to expiration.

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