Selway Asset Management Purchases 10,100 Shares of -1x Short VIX Futures ETF (BATS:SVIX)

Selway Asset Management boosted its position in -1x Short VIX Futures ETF (BATS:SVIX) by 14.0% during the fourth quarter, HoldingsChannel reports. The fund owned 82,500 shares of the company’s stock after buying an additional 10,100 shares during the quarter. Selway Asset Management’s holdings in -1x Short VIX Futures ETF were worth $2,093,000 as of its most recent filing with the SEC.

-1x Short VIX Futures ETF Price Performance

Shares of SVIX stock opened at $20.80 on Thursday. -1x Short VIX Futures ETF has a 1 year low of $17.50 and a 1 year high of $51.59. The company’s fifty day simple moving average is $23.69 and its two-hundred day simple moving average is $25.52.

About -1x Short VIX Futures ETF

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.