ProShares VIX Short-Term Futures ETF (BATS:VIXY) Trading Down 0.8%

ProShares VIX Short-Term Futures ETF (BATS:VIXY) traded down 0.8% during mid-day trading on Wednesday . The stock traded as low as $13.49 and last traded at $13.51. 4,224,808 shares were traded during trading, The stock had previously closed at $13.62.

ProShares VIX Short-Term Futures ETF Stock Performance

The company has a fifty day simple moving average of $13.86 and a 200-day simple moving average of $16.54.

Hedge Funds Weigh In On ProShares VIX Short-Term Futures ETF

Several institutional investors and hedge funds have recently bought and sold shares of VIXY. Annis Gardner Whiting Capital Advisors LLC purchased a new position in ProShares VIX Short-Term Futures ETF during the 4th quarter valued at about $31,000. Newbridge Financial Services Group Inc. bought a new stake in shares of ProShares VIX Short-Term Futures ETF in the 3rd quarter valued at approximately $82,000. PCG Wealth Advisors LLC bought a new stake in shares of ProShares VIX Short-Term Futures ETF in the 1st quarter valued at approximately $156,000. Simplex Trading LLC grew its stake in shares of ProShares VIX Short-Term Futures ETF by 129.6% in the 3rd quarter. Simplex Trading LLC now owns 8,657 shares of the company’s stock valued at $201,000 after buying an additional 4,887 shares in the last quarter. Finally, Forza Wealth Management LLC bought a new stake in shares of ProShares VIX Short-Term Futures ETF in the 3rd quarter valued at approximately $252,000.

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.