ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Shares Up 1.2% – Still a Buy?

ProShares VIX Mid-Term Futures ETF (BATS:VIXM – Get Free Report)’s stock price traded up 1.2% during trading on Thursday. The stock traded as high as $12.87 and last traded at $12.83. Approximately 177,776 shares were traded during trading, a decline of 55% from the average session volume of 392,188 shares. The stock had previously closed at $12.68.

ProShares VIX Mid-Term Futures ETF Stock Performance

The stock’s 50 day moving average price is $13.51 and its 200 day moving average price is $14.77.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares VIX Mid-Term Futures ETF stock. IMC Chicago LLC purchased a new position in shares of ProShares VIX Mid-Term Futures ETF (BATS:VIXM – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 129,434 shares of the company’s stock, valued at approximately $2,220,000. IMC Chicago LLC owned about 10.27% of ProShares VIX Mid-Term Futures ETF as of its most recent SEC filing.

About ProShares VIX Mid-Term Futures ETF

(Get Free Report)

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.

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