JPMorgan Chase & Co. lowered its holdings in ProShares Trust II (NYSEARCA:VIXY) by 75.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,253 shares of the exchange traded fund’s stock after selling 33,761 shares during the period. JPMorgan Chase & Co.’s holdings in ProShares Trust II were worth $373,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in the stock. Virtu KCG Holdings LLC acquired a new position in ProShares Trust II during the 2nd quarter worth approximately $235,000. First Allied Advisory Services Inc. acquired a new position in ProShares Trust II during the 2nd quarter worth approximately $266,000. Lakeview Capital Partners LLC acquired a new position in ProShares Trust II during the 3rd quarter worth approximately $325,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in ProShares Trust II during the 2nd quarter worth approximately $556,000.
ProShares Trust II (NYSEARCA VIXY) traded down $4.36 during midday trading on Friday, reaching $41.41. 3,576,281 shares of the company’s stock traded hands, compared to its average volume of 3,037,369. ProShares Trust II has a 12 month low of $21.24 and a 12 month high of $63.56.
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