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) was the recipient of unusually large options trading activity on Tuesday. Traders purchased 37,303 put options on the company. This is an increase of 26% compared to the average volume of 29,627 put options.

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

Shares of BATS VXX traded down $0.93 during mid-day trading on Tuesday, reaching $48.52. 6,044,336 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $44.96 and a 200-day moving average price of $48.29.

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

An institutional investor recently bought a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN stock. BNP Paribas Financial Markets acquired a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,740 shares of the company’s stock, valued at approximately $235,000.

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.