ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Trading Down 1.2% – What’s Next?

ProShares VIX Mid-Term Futures ETF (BATS:VIXMGet Free Report) shares were down 1.2% during trading on Thursday . The stock traded as low as $13.60 and last traded at $13.64. 400,155 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 361,906 shares. The stock had previously closed at $13.81.

ProShares VIX Mid-Term Futures ETF Stock Down 1.2%

The business’s 50 day moving average is $14.37 and its two-hundred day moving average is $15.38.

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

A number of large investors have recently made changes to their positions in VIXM. Bank of America Corp DE purchased a new position in shares of ProShares VIX Mid-Term Futures ETF in the second quarter valued at $45,000. Group One Trading LLC purchased a new stake in ProShares VIX Mid-Term Futures ETF during the 2nd quarter worth about $70,000. Dynamic Technology Lab Private Ltd lifted its holdings in ProShares VIX Mid-Term Futures ETF by 12.4% during the 1st 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. Arlington Capital Management Inc. bought a new position in ProShares VIX Mid-Term Futures ETF in the 3rd quarter worth about $201,000. Finally, Simplex Trading LLC boosted its stake in ProShares VIX Mid-Term Futures ETF by 204.4% in the 4th 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.

ProShares VIX Mid-Term Futures ETF Company Profile

(Get Free Report)

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.

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