ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) Shares Sold by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC lowered its stake in ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) by 1.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 26,317 shares of the company’s stock after selling 300 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in ProShares Short VIX Short-Term Futures ETF were worth $1,317,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Commerce Bank purchased a new position in ProShares Short VIX Short-Term Futures ETF in the third quarter valued at about $239,000. DRW Securities LLC purchased a new position in ProShares Short VIX Short-Term Futures ETF in the third quarter valued at about $256,000. Flow Traders U.S. LLC purchased a new position in ProShares Short VIX Short-Term Futures ETF in the third quarter valued at about $2,123,000. Finally, IMC Chicago LLC boosted its holdings in ProShares Short VIX Short-Term Futures ETF by 31.3% in the fourth quarter. IMC Chicago LLC now owns 168,913 shares of the company’s stock valued at $8,456,000 after purchasing an additional 40,249 shares during the last quarter.

ProShares Short VIX Short-Term Futures ETF Price Performance

Shares of SVXY opened at $46.84 on Tuesday. ProShares Short VIX Short-Term Futures ETF has a one year low of $38.60 and a one year high of $64.22. The stock has a 50-day moving average price of $49.73 and a 200 day moving average price of $50.06.

ProShares Short VIX Short-Term Futures ETF 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.