VelocityShares 3x Long Crude Oil ETN (NYSEARCA:UWT) Trading 0.5% Higher

VelocityShares 3x Long Crude Oil ETN (NYSEARCA:UWT) shares traded up 0.5% during trading on Friday . The stock traded as high as $16.56 and last traded at $16.53, 129,199 shares were traded during mid-day trading. A decline of 99% from the average session volume of 10,595,751 shares. The stock had previously closed at $16.45.

The company has a fifty day moving average price of $13.75.

An institutional investor recently raised its position in VelocityShares 3x Long Crude Oil ETN stock. XR Securities LLC grew its position in VelocityShares 3x Long Crude Oil ETN (NYSEARCA:UWT) by 483.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 241,941 shares of the company’s stock after buying an additional 200,443 shares during the quarter. VelocityShares 3x Long Crude Oil ETN makes up approximately 0.6% of XR Securities LLC’s portfolio, making the stock its 8th largest position. XR Securities LLC owned approximately 1.27% of VelocityShares 3x Long Crude Oil ETN worth $4,374,000 at the end of the most recent reporting period.

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