ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Shares Up 1% – What’s Next?

ProShares VIX Mid-Term Futures ETF (BATS:VIXM)’s stock price traded up 1% during mid-day trading on Tuesday . The company traded as high as $16.87 and last traded at $16.79. 429,442 shares traded hands during trading, an increase of 16% from the average session volume of 368,940 shares. The stock had previously closed at $16.62.

ProShares VIX Mid-Term Futures ETF Stock Up 2.3%

The company has a fifty day moving average price of $15.73 and a 200 day moving average price of $15.85.

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

A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE bought a new position in shares of ProShares VIX Mid-Term Futures ETF in the second quarter worth approximately $45,000. Group One Trading LLC bought a new stake in ProShares VIX Mid-Term Futures ETF during the 2nd quarter valued at $70,000. Vanguard Capital Wealth Advisors bought a new stake in ProShares VIX Mid-Term Futures ETF during the 4th quarter valued at $166,000. Dynamic Technology Lab Private Ltd boosted its position in ProShares VIX Mid-Term Futures ETF by 12.4% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 11,576 shares of the company’s stock valued at $183,000 after buying an additional 1,281 shares during the period. Finally, Arlington Capital Management Inc. purchased a new stake in ProShares VIX Mid-Term Futures ETF during the 3rd quarter valued at $201,000.

ProShares VIX Mid-Term Futures ETF Company Profile

The ProShares VIX Mid-Term Futures ETF (VIXM) is an exchange-traded fund that is based on the S&P 500 VIX Mid-Term Futures index. The fund tracks an index of futures contracts on the CBOE Volatility Index with an average of five months until maturity. Exposure resets daily. VIXM was launched on Jan 4, 2011 and is managed by ProShares.