ProShares VIX Mid-Term Futures ETF Target of Unusually Large Options Trading (BATS:VIXM)

ProShares VIX Mid-Term Futures ETF (BATS:VIXMGet Free Report) was the target of some unusual options trading on Friday. Investors bought 7,805 call options on the stock. This is an increase of approximately 2,354% compared to the average daily volume of 318 call options.

ProShares VIX Mid-Term Futures ETF Trading Down 5.5%

Shares of BATS VIXM opened at $15.12 on Friday. The firm’s 50 day moving average price is $16.03 and its 200-day moving average price is $16.34. ProShares VIX Mid-Term Futures ETF has a 52-week low of $13.68 and a 52-week high of $19.92.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC boosted its holdings in shares of ProShares VIX Mid-Term Futures ETF by 21.1% during the 2nd quarter. Flow Traders U.S. LLC now owns 42,126 shares of the company’s stock valued at $706,000 after purchasing an additional 7,332 shares during the last quarter. Arlington Capital Management Inc. purchased a new stake in shares of ProShares VIX Mid-Term Futures ETF in the third quarter worth about $201,000. Group One Trading LLC boosted its stake in ProShares VIX Mid-Term Futures ETF by 21.4% during the third quarter. Group One Trading LLC now owns 5,100 shares of the company’s stock valued at $81,000 after buying an additional 900 shares during the last quarter. Signal Advisors Wealth LLC purchased a new position in ProShares VIX Mid-Term Futures ETF during the 3rd quarter valued at approximately $276,000. Finally, Bank of America Corp DE purchased a new position in ProShares VIX Mid-Term Futures ETF during the 2nd quarter valued at approximately $45,000.

About ProShares VIX Mid-Term Futures ETF

(Get Free Report)

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.

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