iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) Stock Price Down 4% – Here’s What Happened

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXXGet Free Report) shares were down 4% during mid-day trading on Friday . The stock 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 Trading Down 4.0 %

The business has a fifty day moving average price of $50.57 and a 200 day moving average price of $48.53.

Institutional Inflows and Outflows

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:VXXFree Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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

(Get Free Report)

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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