ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Stock Pass Below 200-Day Moving Average – What’s Next?

ProShares VIX Mid-Term Futures ETF (BATS:VIXM) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.70 and traded as low as $14.00. ProShares VIX Mid-Term Futures ETF shares last traded at $14.19, with a volume of 118,322 shares.

ProShares VIX Mid-Term Futures ETF Trading Down 0.1 %

The stock’s fifty day simple moving average is $14.91 and its 200-day simple moving average is $14.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares VIX Mid-Term Futures ETF stock. Bank of Montreal Can purchased a new position in ProShares VIX Mid-Term Futures ETF (BATS:VIXM) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 223,120 shares of the company’s stock, valued at approximately $3,458,000. Bank of Montreal Can owned about 3.85% of ProShares VIX Mid-Term Futures ETF as of its most recent SEC filing.

ProShares VIX Mid-Term Futures ETF Company Profile

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.