ProShares VIX Short-Term Futures ETF (BATS:VIXY) Stock Price Up 18.7% – What’s Next?

ProShares VIX Short-Term Futures ETF (BATS:VIXY)’s stock price shot up 18.7% during mid-day trading on Thursday . The company traded as high as $44.50 and last traded at $55.46. 1,944,722 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 1,470,267 shares. The stock had previously closed at $46.73.

ProShares VIX Short-Term Futures ETF Stock Performance

The stock has a 50-day moving average of $44.79 and a 200 day moving average of $46.73.

Institutional Trading of ProShares VIX Short-Term Futures ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Visionary Wealth Advisors purchased a new stake in ProShares VIX Short-Term Futures ETF during the 4th quarter valued at approximately $843,000. Two Sigma Securities LLC purchased a new position in shares of ProShares VIX Short-Term Futures ETF during the 4th quarter worth approximately $215,000. Headlands Technologies LLC purchased a new position in shares of ProShares VIX Short-Term Futures ETF during the 4th quarter worth approximately $513,000. Maytree Asset Management Ltd purchased a new position in shares of ProShares VIX Short-Term Futures ETF during the 4th quarter worth approximately $484,000. Finally, National Bank of Canada FI raised its stake in shares of ProShares VIX Short-Term Futures ETF by 17.3% during the 3rd quarter. National Bank of Canada FI now owns 118,740 shares of the company’s stock worth $1,451,000 after buying an additional 17,472 shares in the last quarter.

ProShares VIX Short-Term Futures ETF Company Profile

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.