Investors Purchase High Volume of ProShares VIX Mid-Term Futures ETF Call Options (BATS:VIXM)

ProShares VIX Mid-Term Futures ETF (BATS:VIXM) was the recipient of some unusual options trading activity on Friday. Investors acquired 7,805 call options on the stock. This is an increase of approximately 2,354% compared to the typical volume of 318 call options.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VIXM. Group One Trading LLC grew its holdings in ProShares VIX Mid-Term Futures ETF by 21.4% in the third quarter. Group One Trading LLC now owns 5,100 shares of the company’s stock valued at $81,000 after purchasing an additional 900 shares during the period. Dynamic Technology Lab Private Ltd raised its position in shares of ProShares VIX Mid-Term Futures ETF by 12.4% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 11,576 shares of the company’s stock worth $183,000 after buying an additional 1,281 shares during the period. Bank of America Corp DE acquired a new position in ProShares VIX Mid-Term Futures ETF in the second quarter valued at $45,000. Flow Traders U.S. LLC grew its position in ProShares VIX Mid-Term Futures ETF by 21.1% during the second quarter. Flow Traders U.S. LLC now owns 42,126 shares of the company’s stock valued at $706,000 after acquiring an additional 7,332 shares during the period. Finally, Arlington Capital Management Inc. acquired a new stake in ProShares VIX Mid-Term Futures ETF during the third quarter worth about $201,000.

ProShares VIX Mid-Term Futures ETF Trading Down 5.6%

VIXM traded down $0.90 during trading on Friday, hitting $15.10. The company’s stock had a trading volume of 108,566 shares, compared to its average volume of 174,437. ProShares VIX Mid-Term Futures ETF has a twelve month low of $13.68 and a twelve month high of $19.92. The firm’s 50 day moving average price is $16.05 and its 200-day moving average price is $16.35.

About ProShares VIX Mid-Term Futures ETF

The ProShares VIX Mid-Term Futures ETF (VIXM) is an exchange-traded fund that is based on the S&P 500 VIX Mid-Term Futures index. The fund tracks an index of futures contracts on the CBOE Volatility Index with an average of five months until maturity. Exposure resets daily. VIXM was launched on Jan 4, 2011 and is managed by ProShares.