IPATH Series B S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX) Trading Down 1%

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IPATH Series B S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX) was down 1% during trading on Tuesday . The stock traded as low as $17.27 and last traded at $17.43, approximately 2,464,415 shares were traded during mid-day trading. A decline of 91% from the average daily volume of 28,512,418 shares. The stock had previously closed at $17.60.

The business’s 50-day simple moving average is $18.30 and its two-hundred day simple moving average is $23.71.

Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in IPATH Series B S&P 500 VIX Short-Term Futures ETN in the third quarter valued at approximately $1,180,000. Cerebellum GP LLC acquired a new position in shares of IPATH Series B S&P 500 VIX Short-Term Futures ETN during the third quarter worth $1,295,000. Finally, Clean Yield Group acquired a new position in shares of IPATH Series B S&P 500 VIX Short-Term Futures ETN during the third quarter worth $233,000.

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