The BIA Global Strategy Model Portfolio has added to the position in the ProsShares Ultra VIX Short-term Futures ETF (UVXY) . An additional 1.5% position of UVXY was added at a cost of 5.95.
The total position currently represents about 4.2% of the model portfolio with an average cost of 5.70
DISCLAIMER: Nothing in this article should be construed as a personal recommendation or advice. Nor should anything in this article be construed as an offer, or a solicitation of an offer, to sell or buy any investment security.
The BIA Global Strategy Model Portfolio engages in short term aggressive, speculative strategies with an appropriate portion of an investor’s overall investable assets. Investors should conduct their own due diligence and seek the advice of a financial and/or investment professional before making any investment decisions