iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) Stock Price Down 2% – What’s Next?

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXXGet Free Report) traded down 2% during mid-day trading on Monday . The stock traded as low as $18.00 and last traded at $18.00. 5,476,990 shares were traded during mid-day trading, a decline of 46% from the average session volume of 10,192,513 shares. The stock had previously closed at $18.36.

iPath Series B S&P 500 VIX Short-Term Futures ETN Stock Down 2.0%

The stock has a fifty day moving average of $21.02 and a 200-day moving average of $26.35.

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

A number of hedge funds have recently bought and sold shares of VXX. JPMorgan Chase & Co. boosted its stake in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 207.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 20,773 shares of the company’s stock valued at $998,000 after buying an additional 14,023 shares during the period. Potomac Capital Management Inc. purchased a new stake in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN during the fourth quarter worth approximately $371,000. JBF Capital Inc. increased its stake in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 53.7% during the fourth quarter. JBF Capital Inc. now owns 166,000 shares of the company’s stock worth $4,394,000 after buying an additional 58,000 shares during the period. Jump Financial LLC acquired a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN in the fourth quarter valued at approximately $7,848,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN in the first quarter valued at approximately $125,000.

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

(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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