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

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) saw some unusual options trading activity on Tuesday. Stock traders acquired 66,469 call options on the company. This is an increase of 64% compared to the typical daily volume of 40,626 call options.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. 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 valued at approximately $388,000. Hudson Value Partners LLC bought a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN during the 3rd quarter valued at $438,000. Trivest Advisors Ltd raised its holdings in iPath Series B S&P 500 VIX Short-Term Futures ETN by 396.0% during the 3rd quarter. Trivest Advisors Ltd now owns 213,300 shares of the company’s stock valued at $7,073,000 after acquiring an additional 170,300 shares during the period. Quinn Opportunity Partners LLC purchased a new stake in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN during the third quarter worth $2,222,000. Finally, FNY Investment Advisers LLC boosted its holdings 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 worth $35,000 after acquiring an additional 951 shares during the period.

iPath Series B S&P 500 VIX Short-Term Futures ETN Trading Down 44.1%

VXX stock traded down $20.92 during trading on Tuesday, reaching $26.51. The stock had a trading volume of 8,298,200 shares, compared to its average volume of 6,213,590. iPath Series B S&P 500 VIX Short-Term Futures ETN has a one year low of $41.04 and a one year high of $91.19. The company’s 50 day moving average is $30.77 and its two-hundred day moving average is $35.73.

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.