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

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) was the recipient of unusually large options trading activity on Tuesday. Stock traders acquired 66,469 call options on the stock. This represents an increase of approximately 64% compared to the typical daily volume of 40,626 call options.

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

A number of large investors have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC grew its holdings in iPath Series B S&P 500 VIX Short-Term Futures ETN by 715.0% in the 3rd quarter. FNY Investment Advisers LLC now owns 1,084 shares of the company’s stock worth $35,000 after acquiring an additional 951 shares during the last quarter. Canton Hathaway LLC bought a new stake in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN in the third quarter worth about $388,000. Hudson Value Partners LLC bought a new stake in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN in the third quarter worth about $438,000. JPMorgan Chase & Co. increased its holdings in iPath Series B S&P 500 VIX Short-Term Futures ETN by 207.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 20,773 shares of the company’s stock valued at $998,000 after purchasing an additional 14,023 shares during the period. Finally, Quinn Opportunity Partners LLC bought a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN during the 3rd quarter valued at approximately $2,222,000.

iPath Series B S&P 500 VIX Short-Term Futures ETN Trading Down 44.2%

Shares of VXX opened at $26.48 on Wednesday. The business’s 50-day moving average price is $30.60 and its 200-day moving average price is $35.58. iPath Series B S&P 500 VIX Short-Term Futures ETN has a twelve month low of $41.04 and a twelve month high of $91.19.

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

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.