ETF Runner: ProShares Trust Ultra VIX Short Term Futures ETF Registered $-50.90M Redemptions Because Of -6.85% AUM Decrease

ETF Runner: ProShares Trust Ultra VIX Short Term Futures ETF Registered $ 50.90M Redemptions Because Of  6.85% AUM Decrease

Today were reported ProShares Trust Ultra VIX Short Term Futures ETF (NYSEARCA:UVXY)‘s daily net flows. The ETF registered $-50.90M asset outflows for -6.85% decrease, reaching $691.72M after yestarday’s trading session. The chart of ProShares Trust Ultra VIX Short Term Futures ETF shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 4.47% or $0.71 during the last trading session, hitting $16.59. ProShares Trust Ultra VIX Short Term Futures ETF (NYSEARCA:UVXY) has declined 82.64% since March 30, 2016 and is downtrending. It has underperformed by 85.65% the S&P500.

The ETF’s YTD performance is -88.25%, the 1 year is -94.05% and the 3 year is -83.07%.

ProShares Trust Ultra VIX Short Term Futures ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Cboe Vix Future 10/19/2016 (Uxv6) for 116.38% of assets, Cboe Vix Future 11/16/2016 (Uxx6) for 83.41%.

More notable recent ProShares Trust Ultra VIX Short Term Futures ETF (NYSEARCA:UVXY) news were published by: Marketwatch.com which released: “ProShares Ultra VIX Short-Term Futures ETF” on October 06, 2011, also Investorplace.com with their article: “iPath S&P 500 VIX Short Term Futures TM ETN (VXX): Dump This Spike” published on June 14, 2016, Schaeffersresearch.com published: “A $61M Trade on One of the Worst Products Ever Created” on March 25, 2015. More interesting news about ProShares Trust Ultra VIX Short Term Futures ETF (NYSEARCA:UVXY) were released by: Schaeffersresearch.com and their article: “UVXY Put Buyers Brace for a Quick Volatility Retreat” published on September 13, 2016 as well as Businesswire.com‘s news article titled: “ProShares Announces ETF Share Splits” with publication date: July 01, 2016.

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