ProShares VIX Mid-Term Futures ETF (BATS:VIXM) Trading Down 4% – Should You Sell?

Posted by Doug Wharley on Feb 7th, 2025

Shares of ProShares VIX Mid-Term Futures ETF (BATS:VIXM – Get Free Report) were down 4% during trading on Wednesday . The stock traded as low as $14.50 and last traded at $14.38. Approximately 262,045 shares traded hands during trading, The stock had previously closed at $14.97.

ProShares VIX Mid-Term Futures ETF Stock Down 1.8 %

The company has a 50 day moving average price of $14.45 and a two-hundred day moving average price of $14.77.

Institutional Trading of ProShares VIX Mid-Term Futures ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. IMC Chicago LLC acquired a new stake in shares of ProShares VIX Mid-Term Futures ETF in the fourth quarter valued at about $2,164,000. Dynamic Technology Lab Private Ltd acquired a new stake in ProShares VIX Mid-Term Futures ETF in the 3rd quarter valued at about $183,000. Finally, Safeguard Financial LLC increased its holdings in shares of ProShares VIX Mid-Term Futures ETF by 6.3% in the 4th quarter. Safeguard Financial LLC now owns 16,141 shares of the company’s stock valued at $233,000 after acquiring an additional 951 shares during the last quarter.

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.