Hamilton Wealth LLC Purchases Shares of 874,144 2x Long VIX Futures ETF $UVIX

Hamilton Wealth LLC bought a new position in shares of 2x Long VIX Futures ETF (BATS:UVIX) in the 1st quarter, Holdings Channel reports. The fund bought 874,144 shares of the company’s stock, valued at approximately $7,570,000.

Several other institutional investors have also added to or reduced their stakes in the company. Clough Capital Partners L P acquired a new position in shares of 2x Long VIX Futures ETF in the first quarter valued at about $623,000. Independent Financial Group LLC bought a new position in shares of 2x Long VIX Futures ETF in the first quarter worth $216,000. Capital Asset Advisory Services LLC acquired a new position in 2x Long VIX Futures ETF in the first quarter valued at about $262,000. Brookstone Capital Management acquired a new position in 2x Long VIX Futures ETF in the first quarter valued at about $1,399,000. Finally, Mariner LLC bought a new stake in 2x Long VIX Futures ETF during the fourth quarter worth about $86,000.

2x Long VIX Futures ETF Stock Performance

Shares of BATS:UVIX opened at $67.67 on Thursday. The firm has a 50 day moving average of $69.62 and a 200-day moving average of $108.58. 2x Long VIX Futures ETF has a 12 month low of $54.59 and a 12 month high of $417.80.

About 2x Long VIX Futures ETF

The 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that is based on the Long VIX Futures index. The fund tracks an index that provides 2x daily leveraged exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVIX was launched on Mar 28, 2022 and is managed by Volatility Shares.