iPath Series B S&P 500 VIX Short-Term Futures ETN Target of Unusually Large Options Trading (BATS:VXX)

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) was the recipient of unusually large options trading activity on Tuesday. Stock traders acquired 67,229 call options on the stock. This represents an increase of approximately 41% compared to the typical daily volume of 47,653 call options.

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

Several hedge funds have recently modified their holdings of VXX. Trivest Advisors Ltd boosted its position in iPath Series B S&P 500 VIX Short-Term Futures ETN by 396.0% during the third quarter. Trivest Advisors Ltd now owns 213,300 shares of the company’s stock worth $7,073,000 after purchasing an additional 170,300 shares during the period. JPMorgan Chase & Co. increased its stake in iPath Series B S&P 500 VIX Short-Term Futures ETN by 710.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 168,433 shares of the company’s stock worth $5,585,000 after acquiring an additional 147,660 shares during the last quarter. Quinn Opportunity Partners LLC bought a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN in the 3rd quarter worth about $2,222,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN in the first quarter worth about $125,000. Finally, Jump Financial LLC bought a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN in the fourth quarter valued at $7,848,000.

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

Shares of iPath Series B S&P 500 VIX Short-Term Futures ETN stock traded up $0.69 on Tuesday, hitting $25.45. The company had a trading volume of 12,928,958 shares, compared to its average volume of 11,157,243. iPath Series B S&P 500 VIX Short-Term Futures ETN has a 1 year low of $23.43 and a 1 year high of $56.01. The stock has a 50 day moving average of $28.98 and a 200-day moving average of $29.42.

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.