ProShares VIX Short-Term Futures ETF (BATS:VIXY) Shares Up 3.3% – Here’s What Happened

ProShares VIX Short-Term Futures ETF (BATS:VIXY)’s share price traded up 3.3% during trading on Wednesday . The stock traded as high as $49.10 and last traded at $47.32. 1,307,124 shares were traded during mid-day trading, The stock had previously closed at $45.80.

ProShares VIX Short-Term Futures ETF Trading Down 4.1 %

The business’s fifty day simple moving average is $49.95 and its 200-day simple moving average is $48.04.

Institutional Trading of ProShares VIX Short-Term Futures ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Verity Asset Management Inc. increased its position in shares of ProShares VIX Short-Term Futures ETF by 14.4% during the first quarter. Verity Asset Management Inc. now owns 11,773 shares of the company’s stock valued at $153,000 after buying an additional 1,480 shares during the period. PCG Wealth Advisors LLC boosted its holdings in ProShares VIX Short-Term Futures ETF by 29.2% in the 2nd quarter. PCG Wealth Advisors LLC now owns 15,500 shares of the company’s stock valued at $168,000 after purchasing an additional 3,500 shares during the period. Alhambra Investment Management LLC purchased a new position in shares of ProShares VIX Short-Term Futures ETF during the 2nd quarter valued at $133,000. National Bank of Canada FI increased its holdings in shares of ProShares VIX Short-Term Futures ETF by 1.9% in the second quarter. National Bank of Canada FI now owns 101,268 shares of the company’s stock worth $1,048,000 after purchasing an additional 1,879 shares during the period. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of ProShares VIX Short-Term Futures ETF in the second quarter worth $576,000.

ProShares VIX Short-Term Futures ETF Company Profile

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.