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

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) was the recipient of some unusual options trading on Tuesday. Investors bought 37,303 put options on the stock. This represents an increase of approximately 26% compared to the typical daily volume of 29,627 put options.

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

A hedge fund recently bought a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN stock. BNP Paribas Financial Markets acquired a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 4,740 shares of the company’s stock, valued at approximately $235,000.

iPath Series B S&P 500 VIX Short-Term Futures ETN Stock Down 8.2 %

VXX stock opened at $43.55 on Thursday. The company has a fifty day moving average price of $44.92 and a 200-day moving average price of $48.31.

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.