ProShares VIX Short-Term Futures ETF (BATS:VIXY) Trading Down 2.7% – What’s Next?

ProShares VIX Short-Term Futures ETF (BATS:VIXYGet Free Report)’s stock price were down 2.7% on Thursday . The company traded as low as $17.35 and last traded at $17.35. 1,997,214 shares were traded during trading, a decline of 45% from the average daily volume of 3,656,998 shares. The stock had previously closed at $17.83.

ProShares VIX Short-Term Futures ETF Stock Down 2.7%

The firm’s fifty day moving average price is $20.42 and its 200-day moving average price is $25.55.

Institutional Investors Weigh In On ProShares VIX Short-Term Futures ETF

A number of large investors have recently added to or reduced their stakes in VIXY. WFA of San Diego LLC grew its holdings in ProShares VIX Short-Term Futures ETF by 472.6% in the 4th quarter. WFA of San Diego LLC now owns 1,002 shares of the company’s stock worth $26,000 after acquiring an additional 827 shares during the last quarter. National Bank of Canada FI bought a new position in shares of ProShares VIX Short-Term Futures ETF during the third quarter valued at about $34,000. Kestra Advisory Services LLC purchased a new stake in shares of ProShares VIX Short-Term Futures ETF during the fourth quarter worth about $47,000. Group One Trading LLC purchased a new stake in shares of ProShares VIX Short-Term Futures ETF during the third quarter worth about $68,000. Finally, JFS Wealth Advisors LLC bought a new stake in shares of ProShares VIX Short-Term Futures ETF in the second quarter worth about $53,000.

ProShares VIX Short-Term Futures ETF Company Profile

(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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