ProShares VIX Short-Term Futures ETF (BATS:VIXY) Trading 0.6% Higher – What’s Next?

ProShares VIX Short-Term Futures ETF (BATS:VIXY)’s stock price rose 0.6% during trading on Friday . The company traded as high as $23.46 and last traded at $22.62. 2,271,418 shares traded hands during trading, a decline of 45% from the average session volume of 4,097,683 shares. The stock had previously closed at $22.48.

ProShares VIX Short-Term Futures ETF Trading Up 0.6%

The company’s 50-day moving average is $25.33 and its two-hundred day moving average is $27.55.

Institutional Trading of ProShares VIX Short-Term Futures ETF

A number of institutional investors and hedge funds have recently modified their holdings of VIXY. IMC Chicago LLC purchased a new position in shares of ProShares VIX Short-Term Futures ETF in the first quarter worth $1,509,000. HBW Advisory Services LLC bought a new stake in ProShares VIX Short-Term Futures ETF in the 1st quarter worth about $275,000. World Investment Advisors bought a new stake in ProShares VIX Short-Term Futures ETF in the 1st quarter worth about $284,000. One Plus One Wealth Management LLC raised its position in ProShares VIX Short-Term Futures ETF by 28.4% in the 1st quarter. One Plus One Wealth Management LLC now owns 33,447 shares of the company’s stock worth $1,149,000 after buying an additional 7,392 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new position in ProShares VIX Short-Term Futures ETF during the 4th quarter valued at about $1,704,000.

ProShares VIX Short-Term Futures ETF Company Profile

The ProShares VIX Short-Term Futures ETF (VIXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund tracks an index with exposure to futures contracts on the CBOE Volatility Index with average one-month maturity. Exposure resets daily. VIXY was launched on Jan 3, 2011 and is managed by ProShares.