Stock Traders Purchase High Volume of ProShares VIX Mid-Term Futures ETF Call Options (BATS:VIXM)

ProShares VIX Mid-Term Futures ETF (BATS:VIXM) was the recipient of unusually large options trading activity on Tuesday. Investors purchased 2,102 call options on the company. This represents an increase of 1,239% compared to the typical daily volume of 157 call options.

Institutional Investors Weigh In On ProShares VIX Mid-Term Futures ETF

An institutional investor recently raised its position in ProShares VIX Mid-Term Futures ETF stock. IMC Chicago LLC increased its holdings in shares of ProShares VIX Mid-Term Futures ETF (BATS:VIXM) by 88.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,762 shares of the company’s stock after purchasing an additional 12,579 shares during the period. IMC Chicago LLC owned approximately 1.07% of ProShares VIX Mid-Term Futures ETF worth $448,000 at the end of the most recent quarter.

ProShares VIX Mid-Term Futures ETF Stock Performance

Shares of VIXM traded down $0.08 during midday trading on Tuesday, hitting $15.38. The company’s stock had a trading volume of 122,215 shares. The company’s 50 day moving average price is $14.64 and its two-hundred day moving average price is $15.23.

About ProShares VIX Mid-Term Futures ETF

The ProShares VIX Mid-Term Futures ETF (VIXM) is an exchange-traded fund that is based on the S&P 500 VIX Mid-Term Futures index. The fund tracks an index of futures contracts on the CBOE Volatility Index with an average of five months until maturity. Exposure resets daily. VIXM was launched on Jan 4, 2011 and is managed by ProShares.