ProShares VIX Short-Term Futures ETF (BATS:VIXY) Shares Down 3.6% – Time to Sell?

ProShares VIX Short-Term Futures ETF (BATS:VIXYGet Free Report) fell 3.6% during mid-day trading on Thursday . The company traded as low as $22.45 and last traded at $22.67. 3,826,691 shares traded hands during trading, a decline of 9% from the average session volume of 4,185,277 shares. The stock had previously closed at $23.52.

ProShares VIX Short-Term Futures ETF Stock Performance

The business’s 50-day moving average is $28.20 and its 200-day moving average is $28.60.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. WFA of San Diego LLC lifted its position in ProShares VIX Short-Term Futures ETF by 472.6% during the 4th quarter. WFA of San Diego LLC now owns 1,002 shares of the company’s stock valued at $26,000 after acquiring an additional 827 shares during the period. National Bank of Canada FI bought a new stake in ProShares VIX Short-Term Futures ETF during the 3rd quarter valued at about $34,000. Verity Asset Management Inc. increased its stake in ProShares VIX Short-Term Futures ETF by 7.8% during the 4th quarter. Verity Asset Management Inc. now owns 15,353 shares of the company’s stock valued at $394,000 after purchasing an additional 1,116 shares in the last quarter. Group One Trading LLC increased its stake in ProShares VIX Short-Term Futures ETF by 83.4% during the 4th quarter. Group One Trading LLC now owns 3,854 shares of the company’s stock valued at $99,000 after purchasing an additional 1,753 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in ProShares VIX Short-Term Futures ETF during the 4th quarter valued at about $47,000.

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.

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