By: ETF Trends
June 10, 2013 at 12:00 PM EDT
Traders Fled Volatility ETFs Before Reverse Splits
Two ETFs designed to profit from spikes in market volatility made an ominous top-10 list last week: The top-10 redemptions list. Ahead of reverse splits that went to effect at the start of trading Monday, the ProShares Ultra VIX Short-Term Futures ETF (NYSEArca: UVXY) saw a whopping $2.62 billion...
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