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

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) was the recipient of some unusual options trading activity on Tuesday. Stock traders purchased 43,576 call options on the company. This represents an increase of approximately 7% compared to the typical daily volume of 40,821 call options.

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

Hedge funds have recently made changes to their positions in the business. Jump Financial LLC bought a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN during the fourth quarter valued at approximately $7,848,000. JBF Capital Inc. increased its position in iPath Series B S&P 500 VIX Short-Term Futures ETN by 53.7% during the 4th quarter. JBF Capital Inc. now owns 166,000 shares of the company’s stock valued at $4,394,000 after purchasing an additional 58,000 shares during the period. Potomac Capital Management Inc. bought a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN in the 4th quarter worth $371,000. JPMorgan Chase & Co. lifted its position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 710.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 168,433 shares of the company’s stock worth $5,585,000 after purchasing an additional 147,660 shares during the period. Finally, FNY Investment Advisers LLC lifted its position in shares of 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 period.

iPath Series B S&P 500 VIX Short-Term Futures ETN Trading Down 3.3%

iPath Series B S&P 500 VIX Short-Term Futures ETN stock opened at $29.47 on Thursday. iPath Series B S&P 500 VIX Short-Term Futures ETN has a 1-year low of $25.64 and a 1-year high of $91.19. The firm has a 50-day moving average of $27.41 and a 200-day moving average of $31.58.

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.