ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Stock Price Up 1.6% – Here’s What Happened

ProShares VIX Mid-Term Futures ETF (BATS:VIXM) rose 1.6% during trading on Monday . The stock traded as high as $14.65 and last traded at $14.71. Approximately 79,626 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 197,406 shares. The stock had previously closed at $14.48.

ProShares VIX Mid-Term Futures ETF Trading Up 1.6 %

The stock has a fifty day simple moving average of $14.99 and a two-hundred day simple moving average of $14.80.

Institutional Trading of ProShares VIX Mid-Term Futures ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd purchased a new position in shares of ProShares VIX Mid-Term Futures ETF during the 3rd quarter valued at $183,000. Safeguard Financial LLC increased its stake in ProShares VIX Mid-Term Futures ETF by 6.3% in the 4th quarter. Safeguard Financial LLC now owns 16,141 shares of the company’s stock worth $233,000 after acquiring an additional 951 shares during the last quarter. IMC Chicago LLC bought a new stake in shares of ProShares VIX Mid-Term Futures ETF during the 4th quarter valued at about $2,164,000. Finally, Jane Street Group LLC purchased a new position in shares of ProShares VIX Mid-Term Futures ETF during the fourth quarter worth about $815,000.

ProShares VIX Mid-Term Futures ETF Company Profile

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.