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

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) was the recipient of unusually large options trading on Friday. Investors acquired 79,906 call options on the company. This is an increase of approximately 57% compared to the average volume of 50,971 call options.

iPath Series B S&P 500 VIX Short-Term Futures ETN Trading Up 4.8%

BATS:VXX opened at $22.48 on Friday. The stock has a fifty day moving average price of $24.13 and a two-hundred day moving average price of $27.75. iPath Series B S&P 500 VIX Short-Term Futures ETN has a 1 year low of $20.83 and a 1 year high of $46.97.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 207.7% in 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 in the last quarter. FNY Investment Advisers LLC boosted its holdings in iPath Series B S&P 500 VIX Short-Term Futures ETN by 715.0% during the third quarter. FNY Investment Advisers LLC now owns 1,084 shares of the company’s stock worth $35,000 after buying an additional 951 shares in the last quarter. Potomac Capital Management Inc. purchased a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN during the fourth quarter worth about $371,000. JBF Capital Inc. boosted its holdings in iPath Series B S&P 500 VIX Short-Term Futures ETN by 53.7% during the fourth quarter. JBF Capital Inc. now owns 166,000 shares of the company’s stock worth $4,394,000 after buying an additional 58,000 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN during the fourth quarter worth about $7,848,000.

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.