iPath Series B S&P 500 VIX Short-Term Futures ETN Target of Unusually Large Options Trading (BATS:VXX)

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) saw unusually large options trading on Tuesday. Investors purchased 43,576 call options on the company. This is an increase of 7% compared to the average daily volume of 40,821 call options.

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

VXX opened at $30.48 on Wednesday. The business has a 50 day simple moving average of $27.36 and a 200-day simple moving average of $31.59. iPath Series B S&P 500 VIX Short-Term Futures ETN has a 12 month low of $25.64 and a 12 month high of $91.19.

Institutional Trading of iPath Series B S&P 500 VIX Short-Term Futures ETN

Institutional investors have recently bought and sold shares of the company. FNY Investment Advisers LLC grew its position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 715.0% in the third quarter. FNY Investment Advisers LLC now owns 1,084 shares of the company’s stock valued at $35,000 after purchasing an additional 951 shares during the last quarter. Potomac Capital Management Inc. acquired a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN during the 4th quarter valued at $371,000. Canton Hathaway LLC purchased a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN during the third quarter worth $388,000. Hudson Value Partners LLC acquired a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN in the third quarter worth $438,000. Finally, JPMorgan Chase & Co. lifted its position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 207.7% in the second quarter. JPMorgan Chase & Co. now owns 20,773 shares of the company’s stock valued at $998,000 after acquiring an additional 14,023 shares in the last quarter.

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.