ProShares VIX Short-Term Futures ETF (BATS:VIXY) Trading 1.9% Higher – Here’s Why

ProShares VIX Short-Term Futures ETF (BATS:VIXYGet Free Report) shares rose 1.9% during mid-day trading on Wednesday . The company traded as high as $16.91 and last traded at $16.79. 2,649,419 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 3,555,319 shares. The stock had previously closed at $16.48.

ProShares VIX Short-Term Futures ETF Trading Up 1.9%

The firm has a 50-day simple moving average of $18.84 and a 200 day simple moving average of $24.15.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. JFS Wealth Advisors LLC purchased a new position in shares of ProShares VIX Short-Term Futures ETF during the second quarter valued at approximately $53,000. Wealthcare Advisory Partners LLC boosted its holdings in 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 during the last quarter. One Plus One Wealth Management LLC boosted its holdings in ProShares VIX Short-Term Futures ETF by 28.4% in the first quarter. One Plus One Wealth Management LLC now owns 33,447 shares of the company’s stock worth $1,149,000 after purchasing an additional 7,392 shares during the last quarter. HBW Advisory Services LLC bought a new stake in ProShares VIX Short-Term Futures ETF in the 1st quarter worth approximately $275,000. Finally, World Investment Advisors bought a new stake in ProShares VIX Short-Term Futures ETF in the 1st quarter worth approximately $284,000.

About ProShares VIX Short-Term Futures ETF

(Get Free Report)

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.

Further Reading

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