ProShares VIX Short-Term Futures ETF (BATS:VIXY) Share Price Cross Below 200 Day Moving Average – Time to Sell?

by · The Markets Daily

ProShares VIX Short-Term Futures ETF (BATS:VIXY – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $47.67 and traded as low as $40.94. ProShares VIX Short-Term Futures ETF shares last traded at $41.98, with a volume of 1,488,445 shares.

ProShares VIX Short-Term Futures ETF Trading Down 1.1 %

The company has a fifty day moving average price of $48.12 and a 200-day moving average price of $47.61.

Institutional Investors Weigh In On ProShares VIX Short-Term Futures ETF

A number of hedge funds have recently bought and sold shares of the business. National Bank of Canada FI grew its stake in shares of ProShares VIX Short-Term Futures ETF by 1.9% in the 2nd quarter. National Bank of Canada FI now owns 101,268 shares of the company’s stock worth $1,048,000 after buying an additional 1,879 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of ProShares VIX Short-Term Futures ETF in the 2nd quarter valued at about $576,000. Mather Group LLC. purchased a new position in ProShares VIX Short-Term Futures ETF in the third quarter worth about $184,000. Gruss & Co. LLC bought a new stake in ProShares VIX Short-Term Futures ETF during the third quarter worth approximately $245,000. Finally, International Assets Investment Management LLC increased its stake in ProShares VIX Short-Term Futures ETF by 29,125.1% during the third quarter. International Assets Investment Management LLC now owns 51,144 shares of the company’s stock worth $627,000 after acquiring an additional 50,969 shares during the last quarter.

ProShares VIX Short-Term Futures ETF Company Profile

(Get Free Report)

The ProShares VIX Short-Term Futures ETF (VIXY) 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. VIXY was launched on Jan 3, 2011 and is managed by ProShares.

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