Flow Traders Us LLC Cut Credit Suisse Ag/Nassau (XIV) Holding by $5.74 Million as Stock Value Rose

February 15, 2018 - By Hazel Jackson

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 $928.44 million US Long portfolio, upped its stake in Ishares 0 (SHYG) by 142,998 shares to 305,983 shares, valued at $14.64M in 2017Q3, according to the filing. It also increased its holding in Spdr Euro Stoxx 50 Etf (FEZ) by 774,870 shares in the quarter, for a total of 845,578 shares, and has risen its stake in Proshares Short Vix Short (SVXY).

More notable recent VelocityShares Daily Inverse VIX ST ETN (NASDAQ:XIV) news were published by: Bloomberg.com which released: “Credit Suisse Fund Liquidated, ETFs Halted as Short-Vol Bets Die” on February 06, 2018, also Reuters.com with their article: “Sorry, not sorry: Wall Street not quitting ‘vol’ products” published on February 14, 2018, Seekingalpha.com published: “Credit Suisse +3.3% on upbeat outlook” on February 14, 2018. More interesting news about VelocityShares Daily Inverse VIX ST ETN (NASDAQ:XIV) were released by: Seekingalpha.com and their article: “How Does VelocityShares Daily Inverse VIX Short-Term ETN Work?” published on May 14, 2014 as well as Etfdailynews.com‘s news article titled: “This Trader Made A Fortune As The XIV Melted Down” with publication date: February 13, 2018.

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