ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Trading 0.4% Higher

ProShares VIX Mid-Term Futures ETF (BATS:VIXM)’s share price rose 0.4% during trading on Thursday . The company traded as high as $15.85 and last traded at $15.77. Approximately 40,293 shares traded hands during trading, The stock had previously closed at $15.71.

ProShares VIX Mid-Term Futures ETF Stock Up 0.4 %

The firm has a fifty day simple moving average of $15.93 and a 200 day simple moving average of $17.45.

Hedge Funds Weigh In On ProShares VIX Mid-Term Futures ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC acquired a new position in shares of ProShares VIX Mid-Term Futures ETF in the 4th quarter valued at approximately $391,000. CI Private Wealth LLC bought a new stake in shares of ProShares VIX Mid-Term Futures ETF in the 4th quarter valued at approximately $2,196,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of ProShares VIX Mid-Term Futures ETF in the 1st quarter valued at approximately $321,000. Flow Traders U.S. LLC increased its holdings in shares of ProShares VIX Mid-Term Futures ETF by 172.1% in the 1st quarter. Flow Traders U.S. LLC now owns 27,431 shares of the company’s stock valued at $736,000 after acquiring an additional 17,349 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of ProShares VIX Mid-Term Futures ETF in the 1st quarter valued at approximately $504,000.

About ProShares VIX Mid-Term Futures ETF

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.