Investors Purchase High Volume of iPath Series B S&P 500 VIX Short-Term Futures ETN Put Options (BATS:VXX)

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) was the target of some unusual options trading on Tuesday. Stock investors acquired 37,303 put options on the company. This represents an increase of approximately 26% compared to the average volume of 29,627 put options.

Hedge Funds Weigh In On iPath Series B S&P 500 VIX Short-Term Futures ETN

A hedge fund recently bought a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN stock. BNP Paribas Financial Markets purchased a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,740 shares of the company’s stock, valued at approximately $235,000.

iPath Series B S&P 500 VIX Short-Term Futures ETN Price Performance

VXX opened at $47.42 on Wednesday. The business’s fifty day moving average price is $44.90 and its 200-day moving average price is $48.32.

About iPath Series B S&P 500 VIX Short-Term Futures ETN

The iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) 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. VXX was launched on Jan 19, 2018 and is issued by iPath.