ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Trading Up 0.8%

ProShares VIX Mid-Term Futures ETF (BATS:VIXM)’s share price were up 0.8% during trading on Friday . The stock traded as high as $14.39 and last traded at $14.25. Approximately 108,975 shares changed hands during trading, The stock had previously closed at $14.13.

ProShares VIX Mid-Term Futures ETF Trading Up 1.2 %

The business has a fifty day moving average of $14.87 and a 200-day moving average of $15.79.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC acquired a new position in ProShares VIX Mid-Term Futures ETF during the fourth quarter valued at approximately $347,000. IMC Chicago LLC increased its holdings in shares of ProShares VIX Mid-Term Futures ETF by 88.7% during the fourth quarter. IMC Chicago LLC now owns 26,762 shares of the company’s stock worth $448,000 after buying an additional 12,579 shares in the last quarter. Oxbow Advisors LLC bought a new position in ProShares VIX Mid-Term Futures ETF in the 4th quarter valued at $194,000. Finally, Delos Wealth Advisors LLC acquired a new position in ProShares VIX Mid-Term Futures ETF during the 3rd quarter worth about $70,000.

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.