ProShares VIX Short-Term Futures ETF Sees Unusually Large Options Volume (BATS:VIXY)

ProShares VIX Short-Term Futures ETF (BATS:VIXY) was the target of unusually large options trading on Wednesday. Stock traders purchased 6,405 call options on the company. This is an increase of 160% compared to the typical volume of 2,466 call options.

Institutional Investors Weigh In On ProShares VIX Short-Term Futures ETF

Several large investors have recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC purchased a new stake in ProShares VIX Short-Term Futures ETF during the second quarter valued at about $53,000. Wealthcare Advisory Partners LLC increased its stake in shares of ProShares VIX Short-Term Futures ETF by 24.7% in the second quarter. Wealthcare Advisory Partners LLC now owns 14,999 shares of the company’s stock worth $319,000 after purchasing an additional 2,968 shares in the last quarter. IMC Chicago LLC purchased a new position in shares of ProShares VIX Short-Term Futures ETF in the first quarter worth about $1,509,000. HBW Advisory Services LLC bought a new stake in shares of ProShares VIX Short-Term Futures ETF in the first quarter valued at approximately $275,000. Finally, World Investment Advisors bought a new stake in shares of ProShares VIX Short-Term Futures ETF in the first quarter valued at approximately $284,000.

ProShares VIX Short-Term Futures ETF Stock Performance

Shares of VIXY traded down $0.35 during mid-day trading on Wednesday, hitting $17.45. The stock had a trading volume of 952,389 shares, compared to its average volume of 3,627,295. ProShares VIX Short-Term Futures ETF has a 52 week low of $17.28 and a 52 week high of $39.70. The business has a fifty day moving average price of $20.14 and a 200-day moving average price of $25.37.

About ProShares VIX Short-Term Futures ETF

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.