ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Shares Down 0.8% – Here’s Why

ProShares VIX Mid-Term Futures ETF (BATS:VIXM) shares dropped 0.8% on Wednesday . The stock traded as low as $15.42 and last traded at $15.44. Approximately 224,804 shares traded hands during trading, a decline of 33% from the average daily volume of 333,370 shares. The stock had previously closed at $15.56.

ProShares VIX Mid-Term Futures ETF Stock Down 0.1%

The stock’s fifty day simple moving average is $16.16 and its 200 day simple moving average is $15.84.

Institutional Trading of ProShares VIX Mid-Term Futures ETF

Several hedge funds have recently made changes to their positions in the company. IMC Chicago LLC purchased a new stake in shares of ProShares VIX Mid-Term Futures ETF in the 1st quarter valued at approximately $2,220,000. Signal Advisors Wealth LLC lifted its holdings in ProShares VIX Mid-Term Futures ETF by 51.1% during the 1st quarter. Signal Advisors Wealth LLC now owns 47,111 shares of the company’s stock worth $808,000 after buying an additional 15,933 shares in the last quarter. Regal Investment Advisors LLC acquired a new stake in shares of ProShares VIX Mid-Term Futures ETF in the 4th quarter valued at $668,000. Simplex Trading LLC raised its holdings in shares of ProShares VIX Mid-Term Futures ETF by 204.4% in the 4th quarter. Simplex Trading LLC now owns 15,837 shares of the company’s stock valued at $242,000 after purchasing an additional 10,635 shares in the last quarter. Finally, Vanguard Capital Wealth Advisors acquired a new stake in shares of ProShares VIX Mid-Term Futures ETF in the 4th quarter valued at $166,000.

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.