Credit Suisse Ag/Nassau (XIV) Holder Flow Traders Us LLC Trimmed Holding by $15.26 Million as Shares Rose

December 8, 2017 - By Richard Conner

Flow Traders Us Llc decreased its stake in Credit Suisse Ag/Nassau (XIV) by 34.4% based on its latest 2017Q2 regulatory filing with the SEC. Flow Traders Us Llc sold 183,828 shares as the company’s stock rose 10.72% with the market. The institutional investor held 350,585 shares of the investment bankers and brokers and service company at the end of 2017Q2, valued at $29.26 million, down from 534,413 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 $1.21B market cap company. The stock increased 3.10% or $3.6 during the last trading session, reaching $119.86. About 4.30 million shares traded. VelocityShares Daily Inverse VIX ST ETN (NASDAQ:XIV) has risen 166.34% since December 8, 2016 and is uptrending. It has outperformed by 149.64% the S&P500.

Flow Traders Us Llc, which manages about $1.30B US Long portfolio, upped its stake in Ishares Msci Turkey Etf (TUR) by 103,253 shares to 214,814 shares, valued at $8.92M in 2017Q2, according to the filing. It also increased its holding in Wisdomtree Emerging Markets Lo (ELD) by 229,892 shares in the quarter, for a total of 235,434 shares, and has risen its stake in Proshares Ultra Bloomberg Crud.

More notable recent VelocityShares Daily Inverse VIX ST ETN (NASDAQ:XIV) news were published by: Prnewswire.com which released: “Credit Suisse AG Announces the Reverse Splits of its DGAZ, VIIX, TVIX and TVIZ …” on March 09, 2017, also Seekingalpha.com with their article: “Is XIV The Place To Be If Markets Stabilize And Volatility Declines?” published on September 17, 2015, 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: Etfdailynews.com and their article: “Will The Short Volatility Trade Ever Disappear? (XIV)” published on September 05, 2017 as well as Seekingalpha.com‘s news article titled: “Where Do XIV And SVXY Go From Here?” with publication date: February 24, 2016.

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