Breaking: VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return Received $218.57M Net Flows Following 16.17% Assets Increase

Breaking: VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return Received $218.57M Net Flows Following 16.17% Assets Increase

Today were published VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return (NYSEARCA:UWTI)‘s daily net flows. The ETF registered $218.57M asset inflows for 16.17% increase, reaching $1570.45M after yestarday’s trading session. The chart of VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock increased 2.86% or $0.48 during the last trading session, hitting $17.25. It is down 34.56% since April 13, 2016 and is downtrending. It has underperformed by 38.49% the S&P500.

The ETF’s YTD performance is -46.3%, the 1 year is -79.78% and the 3 year is -80.73%.

VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001.

More notable recent VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return (NYSEARCA:UWTI) news were published by: Marketwatch.com which released: “VelocityShares 3x Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess …” on February 13, 2012, also Learnbonds.com with their article: “VelocityShares 3X Long Crude ETN (NYSEARCA:UWTI) Hurts as Brent Dips Below $50” published on August 04, 2015, Etfdailynews.com published: “OPEC Cut In Question As October Production Surges” on November 11, 2016. More interesting news about VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return (NYSEARCA:UWTI) were released by: Etfdailynews.com and their article: “Leveraged Oil Fund Surges Up to 18% as OPEC Agrees to Limit Production” published on September 28, 2016 as well as Etfdailynews.com‘s news article titled: “Goldman Sachs: Oil Going to $40 If OPEC Deal Fails” with publication date: November 02, 2016.

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