iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) Stock Falls 0.1% – Time to Sell?

Shares of iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX – Get Free Report) dropped 0.1% during trading on Tuesday. The company traded as low as $16.54 and last traded at $16.68. 4,816,979 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 9,898,052 shares. The stock had previously closed at $16.69.

iPath Series B S&P 500 VIX Short-Term Futures ETN Price Performance

The business has a fifty day moving average of $18.27 and a 200 day moving average of $23.39.

Hedge Funds Weigh In On iPath Series B S&P 500 VIX Short-Term Futures ETN

An institutional investor recently raised its position in iPath Series B S&P 500 VIX Short-Term Futures ETN stock. Trivest Advisors Ltd grew its holdings in iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX – Free Report) by 54.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 309,000 shares of the company’s stock after acquiring an additional 108,700 shares during the quarter. iPath Series B S&P 500 VIX Short-Term Futures ETN comprises 0.8% of Trivest Advisors Ltd’s investment portfolio, making the stock its 19th biggest holding. Trivest Advisors Ltd owned about 4.16% of iPath Series B S&P 500 VIX Short-Term Futures ETN worth $11,031,000 as of its most recent SEC filing.

About iPath Series B S&P 500 VIX Short-Term Futures ETN

(Get Free Report)

The iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) 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. VXX was launched on Jan 19, 2018 and is issued by iPath.

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