iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX – Get Free Report)’s stock price dropped 4% during trading on Friday . The company traded as low as $45.72 and last traded at $45.76. Approximately 4,001,578 shares changed hands during mid-day trading, The stock had previously closed at $47.65.
iPath Series B S&P 500 VIX Short-Term Futures ETN Stock Down 4.0 %
The firm’s 50 day simple moving average is $50.57 and its two-hundred day simple moving average is $48.53.
Institutional Trading of iPath Series B S&P 500 VIX Short-Term Futures ETN
An institutional investor recently bought a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN stock. BNP Paribas Financial Markets acquired a new stake in iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,740 shares of the company’s stock, valued at approximately $235,000.
About iPath Series B S&P 500 VIX Short-Term Futures ETN
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.
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