iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) Stock Price Breaks Above 50 Day Moving Average – What’s Next?

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) shares passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $17.88 and traded as high as $22.30. iPath Series B S&P 500 VIX Short-Term Futures ETN shares last traded at $22.20, with a volume of 70,016,399 shares traded.

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

The company has a 50 day moving average of $17.88 and a 200 day moving average of $24.41.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VXX. Bartlett & CO. Wealth Management LLC bought a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN during the 1st quarter valued at about $125,000. NFSG Corp grew its position in 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 worth $399,000 after acquiring an additional 8,150 shares during the last quarter. Finally, Trivest Advisors Ltd grew its position in iPath Series B S&P 500 VIX Short-Term Futures ETN by 54.3% during the 1st quarter. Trivest Advisors Ltd now owns 309,000 shares of the company’s stock worth $11,031,000 after acquiring an additional 108,700 shares during the last quarter.

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.