Traders Buy 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 Wednesday. Stock investors acquired 10,620 call options on the stock. This represents an increase of 1,218% compared to the typical daily volume of 806 call options.

Hedge Funds Weigh In On ProShares VIX Mid-Term Futures ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Group One Trading LLC grew its stake in ProShares VIX Mid-Term Futures ETF by 21.4% during the 3rd quarter. Group One Trading LLC now owns 5,100 shares of the company’s stock valued at $81,000 after acquiring an additional 900 shares in the last quarter. Dynamic Technology Lab Private Ltd lifted its position in shares of ProShares VIX Mid-Term Futures ETF by 12.4% in the first quarter. Dynamic Technology Lab Private Ltd now owns 11,576 shares of the company’s stock worth $183,000 after purchasing an additional 1,281 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of ProShares VIX Mid-Term Futures ETF during the second quarter worth approximately $45,000. Simplex Trading LLC boosted its holdings in shares of ProShares VIX Mid-Term Futures ETF by 204.4% during the fourth quarter. Simplex Trading LLC now owns 15,837 shares of the company’s stock worth $242,000 after purchasing an additional 10,635 shares during the period. Finally, Vanguard Capital Wealth Advisors acquired a new stake in shares of ProShares VIX Mid-Term Futures ETF during the fourth quarter worth approximately $166,000.

ProShares VIX Mid-Term Futures ETF Stock Performance

VIXM traded down $0.12 on Wednesday, reaching $14.88. The company had a trading volume of 110,996 shares, compared to its average volume of 322,217. The company has a fifty day moving average of $15.60 and a 200-day moving average of $15.68. ProShares VIX Mid-Term Futures ETF has a one year low of $14.77 and a one year high of $17.72.

ProShares VIX Mid-Term Futures ETF Company Profile

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.