ProShares VIX Short-Term Futures ETF (BATS:VIXY) Shares Down 2.7% – Time to Sell?

ProShares VIX Short-Term Futures ETF (BATS:VIXYGet Free Report) fell 2.7% during trading on Thursday . The company traded as low as $17.35 and last traded at $17.35. 1,997,214 shares changed hands 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 stock’s fifty day moving average price is $20.42 and its two-hundred day moving average price is $25.55.

Institutional Trading of ProShares VIX Short-Term Futures ETF

Several hedge funds have recently added to or reduced their stakes in the business. WFA of San Diego LLC boosted its position in ProShares VIX Short-Term Futures ETF by 472.6% during the fourth quarter. WFA of San Diego LLC now owns 1,002 shares of the company’s stock valued at $26,000 after buying an additional 827 shares during the period. National Bank of Canada FI purchased a new position in shares of ProShares VIX Short-Term Futures ETF in the third quarter worth about $34,000. Kestra Advisory Services LLC bought a new stake in shares of ProShares VIX Short-Term Futures ETF in the 4th quarter valued at about $47,000. JFS Wealth Advisors LLC bought a new stake in shares of ProShares VIX Short-Term Futures ETF in the 2nd quarter valued at about $53,000. Finally, Group One Trading LLC purchased a new stake in ProShares VIX Short-Term Futures ETF during the 3rd quarter valued at about $68,000.

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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