-1x Short VIX Futures ETF $SVIX is Ramsey Quantitative Systems’ 7th Largest Position

Ramsey Quantitative Systems cut its holdings in shares of -1x Short VIX Futures ETF (BATS:SVIX) by 45.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,000 shares of the company’s stock after selling 33,600 shares during the period. -1x Short VIX Futures ETF accounts for 0.9% of Ramsey Quantitative Systems’ holdings, making the stock its 7th biggest holding. Ramsey Quantitative Systems owned about 0.23% of -1x Short VIX Futures ETF worth $951,000 as of its most recent SEC filing.

Separately, JPMorgan Chase & Co. raised its stake in -1x Short VIX Futures ETF by 38.9% in the third quarter. JPMorgan Chase & Co. now owns 24,421 shares of the company’s stock worth $522,000 after buying an additional 6,838 shares in the last quarter.

-1x Short VIX Futures ETF Stock Performance

-1x Short VIX Futures ETF stock opened at $25.62 on Wednesday. The business has a fifty day moving average of $23.48 and a two-hundred day moving average of $20.98. -1x Short VIX Futures ETF has a twelve month low of $14.13 and a twelve month high of $25.64.

-1x Short VIX Futures ETF Company Profile

The -1x Short VIX Futures ETF (SVIX) is an exchange-traded fund that is based on the Short VIX Futures index. The fund tracks an index that provides daily inverse exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. SVIX was launched on Mar 30, 2022 and is managed by Volatility Shares.