Shares of ProShares VIX Short-Term Futures ETF (BATS:VIXY – Get Free Report) rose 1.8% on Tuesday . The company traded as high as $29.37 and last traded at $28.91. Approximately 3,815,078 shares traded hands during trading, a decline of 17% from the average daily volume of 4,581,531 shares. The stock had previously closed at $28.39.
ProShares VIX Short-Term Futures ETF Trading Up 1.8%
The firm has a 50-day moving average of $30.73 and a two-hundred day moving average of $30.16.
Hedge Funds Weigh In On ProShares VIX Short-Term Futures ETF
A number of large investors have recently made changes to their positions in VIXY. Goldman Sachs Group Inc. boosted its holdings in shares of ProShares VIX Short-Term Futures ETF by 50.0% during the first quarter. Goldman Sachs Group Inc. now owns 75,000 shares of the company’s stock worth $3,770,000 after purchasing an additional 25,000 shares during the period. Hudson Bay Capital Management LP increased its stake in ProShares VIX Short-Term Futures ETF by 100.0% in the 2nd quarter. Hudson Bay Capital Management LP now owns 20,000 shares of the company’s stock valued at $938,000 after buying an additional 10,000 shares during the period. Corient Private Wealth LLC acquired a new position in ProShares VIX Short-Term Futures ETF in the 2nd quarter valued at approximately $253,000. World Investment Advisors purchased a new stake in ProShares VIX Short-Term Futures ETF in the 3rd quarter worth approximately $203,000. Finally, Bourgeon Capital Management LLC purchased a new stake in ProShares VIX Short-Term Futures ETF in the 3rd quarter worth approximately $242,000.
About ProShares VIX Short-Term Futures ETF
The ProShares VIX Short-Term Futures ETF (VIXY) 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. VIXY was launched on Jan 3, 2011 and is managed by ProShares.
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