Traders Purchase Large Volume of Call Options on iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX)

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) saw unusually large options trading activity on Friday. Investors bought 131,611 call options on the stock. This is an increase of 146% compared to the average volume of 53,478 call options.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VXX. NFSG Corp lifted its position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 56.2% during the 3rd quarter. NFSG Corp now owns 22,650 shares of the company’s stock valued at $399,000 after acquiring an additional 8,150 shares during the period. Trivest Advisors Ltd increased its position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN by 54.3% in the first quarter. Trivest Advisors Ltd now owns 309,000 shares of the company’s stock worth $11,031,000 after purchasing an additional 108,700 shares during the period. Finally, Bartlett & CO. Wealth Management LLC bought a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN in the first quarter worth $125,000.

iPath Series B S&P 500 VIX Short-Term Futures ETN Stock Up 10.3%

Shares of BATS VXX traded up $1.76 during midday trading on Friday, reaching $18.84. The company’s stock had a trading volume of 36,613,413 shares, compared to its average volume of 10,044,819. The business’s 50 day moving average price is $18.14 and its two-hundred day moving average price is $23.10. iPath Series B S&P 500 VIX Short-Term Futures ETN has a fifty-two week low of $16.54 and a fifty-two week high of $40.83.

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.