Gardner Lewis Asset Management L P Invests $285,000 in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY)

Gardner Lewis Asset Management L P purchased a new stake in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,770 shares of the company’s stock, valued at approximately $285,000. Gardner Lewis Asset Management L P owned approximately 0.21% of ProShares Ultra VIX Short-Term Futures ETF at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in UVXY. Raffles Associates LP increased its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 300.0% in the 3rd quarter. Raffles Associates LP now owns 100,000 shares of the company’s stock worth $2,493,000 after purchasing an additional 75,000 shares during the last quarter. SG Americas Securities LLC increased its holdings in ProShares Ultra VIX Short-Term Futures ETF by 35.0% in the fourth quarter. SG Americas Securities LLC now owns 270,039 shares of the company’s stock valued at $5,595,000 after buying an additional 70,040 shares during the last quarter. SJS Investment Consulting Inc. bought a new stake in ProShares Ultra VIX Short-Term Futures ETF in the fourth quarter valued at about $47,000. IMC Chicago LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF during the 4th quarter worth approximately $4,917,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter worth approximately $30,000.

ProShares Ultra VIX Short-Term Futures ETF Trading Up 1.2 %

UVXY stock opened at $20.82 on Friday. The firm’s 50-day moving average price is $20.46 and its 200 day moving average price is $22.35.

About ProShares Ultra VIX Short-Term Futures ETF

The ProShares Ultra VIX Short-Term Futures ETF (UVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides 1.5x leveraged exposure to an index comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVXY was launched on Oct 3, 2011 and is managed by ProShares.