iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) Trading 1.9% Higher – Here’s What Happened

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX)’s share price traded up 1.9% during trading on Monday . The stock traded as high as $43.46 and last traded at $43.29. 3,003,403 shares changed hands during trading, The stock had previously closed at $42.50.

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

The firm has a 50 day moving average price of $48.06 and a 200 day moving average price of $48.10.

Institutional Investors 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) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,740 shares of the company’s stock, valued at approximately $235,000.

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.