Credit Suisse Ag/Nassau (XIV) Share Value Rose While Flow Traders Us LLC Decreased Its Position

February 15, 2018 - By Peter Erickson

Flow Traders Us Llc decreased its stake in Credit Suisse Ag/Nassau (XIV) by 16.87% based on its latest 2017Q3 regulatory filing with the SEC. Flow Traders Us Llc sold 59,146 shares as the company’s stock rose 10.72% with the market. The institutional investor held 291,439 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $28.43 million, down from 350,585 at the end of the previous reported quarter. Flow Traders Us Llc who had been investing in Credit Suisse Ag/Nassau for a number of months, seems to be less bullish one the $1.86 billion market cap company. The stock increased 1.05% or $0.0625 during the last trading session, reaching $5.9925. About 2.74M shares traded. VelocityShares Daily Inverse VIX ST ETN (NASDAQ:XIV) has risen 166.34% since February 15, 2017 and is uptrending. It has outperformed by 149.64% the S&P500.

Flow Traders Us Llc, which manages about $928.44M US Long portfolio, upped its stake in Ishares Msci South Korea Cappe (EWY) by 112,903 shares to 215,885 shares, valued at $14.91 million in 2017Q3, according to the filing. It also increased its holding in Ishares Msci Eafe Etf (EFA) by 1.17M shares in the quarter, for a total of 1.63 million shares, and has risen its stake in Barclays Bank Plc (OIL).

More notable recent VelocityShares Daily Inverse VIX ST ETN (NASDAQ:XIV) news were published by: Etfdailynews.com which released: “The Worst ETFs To Buy Right Now (XIV)” on February 05, 2018, also Bloomberg.com with their article: “Credit Suisse Fund Liquidated, ETFs Halted as Short-Vol Bets Die” published on February 06, 2018, Seekingalpha.com published: “How Does VelocityShares Daily Inverse VIX Short-Term ETN Work?” on May 14, 2014. More interesting news about VelocityShares Daily Inverse VIX ST ETN (NASDAQ:XIV) were released by: Bloomberg.com and their article: “Banks Can’t Sell Grenades Without Some Blowback” published on February 14, 2018 as well as Seekingalpha.com‘s news article titled: “Credit Suisse +3.3% on upbeat outlook” with publication date: February 14, 2018.

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