IMC Chicago LLC Sells 3,465 Shares of ProShares VIX Mid-Term Futures ETF (BATS:VIXM)

IMC Chicago LLC cut its position in ProShares VIX Mid-Term Futures ETF (BATS:VIXM) by 12.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,297 shares of the company’s stock after selling 3,465 shares during the quarter. IMC Chicago LLC owned about 0.93% of ProShares VIX Mid-Term Futures ETF worth $369,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VIXM. Oxbow Advisors LLC bought a new position in shares of ProShares VIX Mid-Term Futures ETF in the fourth quarter valued at about $194,000. SG Americas Securities LLC acquired a new position in ProShares VIX Mid-Term Futures ETF in the 4th quarter valued at about $347,000. Finally, Delos Wealth Advisors LLC acquired a new position in ProShares VIX Mid-Term Futures ETF in the 3rd quarter valued at about $70,000.

ProShares VIX Mid-Term Futures ETF Price Performance

Shares of VIXM stock opened at $14.33 on Friday. The stock’s 50-day moving average is $14.46 and its 200 day moving average is $15.59.

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.