iPath Series B S&P 500 VIX Short-Term Futures ETN Target of Unusually High Options Trading (BATS:VXX)

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) was the recipient of unusually large options trading on Tuesday. Stock investors acquired 66,469 call options on the stock. This represents an increase of 64% compared to the average volume of 40,626 call options.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. FNY Investment Advisers LLC increased its position in iPath Series B S&P 500 VIX Short-Term Futures ETN by 715.0% in the 3rd quarter. FNY Investment Advisers LLC now owns 1,084 shares of the company’s stock worth $35,000 after purchasing an additional 951 shares during the last quarter. Canton Hathaway LLC bought a new stake in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN in the 3rd quarter valued at approximately $388,000. Hudson Value Partners LLC acquired a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN during the 3rd quarter worth $438,000. JPMorgan Chase & Co. increased its position in iPath Series B S&P 500 VIX Short-Term Futures ETN by 207.7% during the second quarter. JPMorgan Chase & Co. now owns 20,773 shares of the company’s stock worth $998,000 after buying an additional 14,023 shares during the last quarter. Finally, Quinn Opportunity Partners LLC bought a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN in the 3rd quarter valued at approximately $2,222,000.

iPath Series B S&P 500 VIX Short-Term Futures ETN Stock Down 42.6%

iPath Series B S&P 500 VIX Short-Term Futures ETN stock opened at $27.21 on Thursday. The business’s 50-day moving average price is $30.47 and its 200 day moving average price is $35.52. iPath Series B S&P 500 VIX Short-Term Futures ETN has a 52 week low of $41.04 and a 52 week high of $91.19.

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

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.