ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Trading 0.4% Higher

ProShares VIX Mid-Term Futures ETF (BATS:VIXM)’s share price traded up 0.4% on Thursday . The company traded as high as $15.85 and last traded at $15.77. 40,293 shares were traded during mid-day trading, The stock had previously closed at $15.71.

ProShares VIX Mid-Term Futures ETF Price Performance

The company’s fifty day moving average is $15.93 and its two-hundred day moving average is $17.45.

Hedge Funds Weigh In On ProShares VIX Mid-Term Futures ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. IMC Chicago LLC lifted its position in shares of ProShares VIX Mid-Term Futures ETF by 105.6% during the 3rd quarter. IMC Chicago LLC now owns 14,183 shares of the company’s stock worth $275,000 after purchasing an additional 268,961 shares during the last quarter. CI Private Wealth LLC acquired a new position in ProShares VIX Mid-Term Futures ETF in the fourth quarter valued at $2,196,000. Oliver Lagore Vanvalin Investment Group increased its stake in ProShares VIX Mid-Term Futures ETF by 299.4% in the third quarter. Oliver Lagore Vanvalin Investment Group now owns 93,026 shares of the company’s stock valued at $1,806,000 after purchasing an additional 69,737 shares during the period. AE Wealth Management LLC increased its stake in ProShares VIX Mid-Term Futures ETF by 286.9% in the third quarter. AE Wealth Management LLC now owns 90,900 shares of the company’s stock valued at $1,764,000 after purchasing an additional 67,407 shares during the period. Finally, SG Americas Securities LLC acquired a new position in ProShares VIX Mid-Term Futures ETF in the fourth quarter valued at $347,000.

About ProShares VIX Mid-Term Futures ETF

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.