ProShares VIX Short-Term Futures ETF (BATS:VIXY) Trading 2.1% Higher – Still a Buy?

ProShares VIX Short-Term Futures ETF (BATS:VIXY) shares rose 2.1% during mid-day trading on Tuesday . The company traded as high as $47.69 and last traded at $44.73. Approximately 1,547,584 shares were traded during mid-day trading, The stock had previously closed at $43.81.

ProShares VIX Short-Term Futures ETF Trading Up 0.6 %

The business has a fifty day moving average price of $45.81 and a two-hundred day moving average price of $47.59.

Institutional Trading of ProShares VIX Short-Term Futures ETF

A number of institutional investors and hedge funds have recently made changes to their positions in VIXY. Mather Group LLC. acquired a new stake in ProShares VIX Short-Term Futures ETF in the 3rd quarter valued at approximately $184,000. Pinnacle Family Advisors LLC acquired a new position in ProShares VIX Short-Term Futures ETF in the third quarter valued at about $206,000. Gruss & Co. LLC bought a new stake in ProShares VIX Short-Term Futures ETF during the 3rd quarter worth about $245,000. Integrated Advisors Network LLC acquired a new position in ProShares VIX Short-Term Futures ETF during the 3rd quarter worth $349,000. Finally, International Assets Investment Management LLC raised its position in shares of ProShares VIX Short-Term Futures ETF by 29,125.1% during the 3rd quarter. International Assets Investment Management LLC now owns 51,144 shares of the company’s stock valued at $627,000 after acquiring an additional 50,969 shares during the last quarter.

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.