iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) Trading Down 2% – Here’s What Happened

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXXGet Free Report) shares were down 2% during trading on Monday . The stock traded as low as $18.00 and last traded at $18.00. Approximately 5,476,990 shares traded hands during trading, a decline of 46% from the average daily volume of 10,192,513 shares. The stock had previously closed at $18.36.

iPath Series B S&P 500 VIX Short-Term Futures ETN Stock Down 2.0%

The company has a fifty day moving average of $21.02 and a 200-day moving average of $26.35.

Institutional Trading of iPath Series B S&P 500 VIX Short-Term Futures ETN

A number of institutional investors and hedge funds have recently bought and sold shares of VXX. Trivest Advisors Ltd boosted its stake in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 54.3% in the first quarter. Trivest Advisors Ltd now owns 309,000 shares of the company’s stock valued at $11,031,000 after purchasing an additional 108,700 shares during the period. Jump Financial LLC purchased a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN during the 4th quarter worth approximately $7,848,000. JPMorgan Chase & Co. lifted its holdings in iPath Series B S&P 500 VIX Short-Term Futures ETN by 710.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 168,433 shares of the company’s stock worth $5,585,000 after buying an additional 147,660 shares in the last quarter. JBF Capital Inc. lifted its holdings in iPath Series B S&P 500 VIX Short-Term Futures ETN by 53.7% during the 4th quarter. JBF Capital Inc. now owns 166,000 shares of the company’s stock worth $4,394,000 after buying an additional 58,000 shares in the last quarter. Finally, Potomac Capital Management Inc. purchased a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN in the 4th quarter valued at approximately $371,000.

iPath Series B S&P 500 VIX Short-Term Futures ETN Company Profile

(Get Free Report)

The iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) 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. VXX was launched on Jan 19, 2018 and is issued by iPath.

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