ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Stock Price Down 0.2% – Here’s What Happened

ProShares VIX Mid-Term Futures ETF (BATS:VIXM)’s share price traded down 0.2% on Thursday . The company traded as low as $14.14 and last traded at $14.17. 256,583 shares traded hands during trading, a decline of 25% from the average session volume of 344,329 shares. The stock had previously closed at $14.20.

ProShares VIX Mid-Term Futures ETF Price Performance

The stock has a 50-day moving average of $14.73 and a 200-day moving average of $15.49.

Institutional Trading of ProShares VIX Mid-Term Futures ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VIXM. Group One Trading LLC boosted its stake in shares of 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 worth $81,000 after buying an additional 900 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its holdings in ProShares VIX Mid-Term Futures ETF by 12.4% during the first quarter. Dynamic Technology Lab Private Ltd now owns 11,576 shares of the company’s stock worth $183,000 after acquiring an additional 1,281 shares during the period. Bank of America Corp DE purchased a new position in ProShares VIX Mid-Term Futures ETF during the second quarter valued at approximately $45,000. Simplex Trading LLC raised its position in 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 valued at $242,000 after acquiring an additional 10,635 shares in the last quarter. Finally, Arlington Capital Management Inc. acquired a new position in ProShares VIX Mid-Term Futures ETF in the third quarter valued at approximately $201,000.

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.