Ramsey Quantitative Systems Takes $1.16 Million Position in -1x Short VIX Futures ETF $SVIX

Ramsey Quantitative Systems bought a new position in shares of -1x Short VIX Futures ETF (BATS:SVIX) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 73,600 shares of the company’s stock, valued at approximately $1,156,000. -1x Short VIX Futures ETF makes up 1.2% of Ramsey Quantitative Systems’ investment portfolio, making the stock its 5th biggest position. Ramsey Quantitative Systems owned approximately 0.43% of -1x Short VIX Futures ETF at the end of the most recent reporting period.

Separately, JPMorgan Chase & Co. purchased a new position in -1x Short VIX Futures ETF in the 2nd quarter worth approximately $273,000.

-1x Short VIX Futures ETF Stock Performance

SVIX stock opened at $23.34 on Tuesday. -1x Short VIX Futures ETF has a 1-year low of $13.52 and a 1-year high of $25.05. The business has a 50 day simple moving average of $20.43 and a two-hundred day simple moving average of $20.79.

-1x Short VIX Futures ETF 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.