Shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL – Get Free Report) saw unusually-high trading volume on Monday . Approximately 2,245,314 shares traded hands during mid-day trading, an increase of 78% from the previous session’s volume of 1,263,609 shares.The stock last traded at $24.54 and had previously closed at $25.53.
VanEck Bitcoin Trust ETF Stock Performance
The company’s 50-day moving average is $28.79 and its 200 day moving average is $30.74.
Institutional Investors Weigh In On VanEck Bitcoin Trust ETF
Several institutional investors and hedge funds have recently made changes to their positions in HODL. Farther Finance Advisors LLC raised its holdings in VanEck Bitcoin Trust ETF by 76.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 925 shares of the company’s stock worth $28,000 after acquiring an additional 400 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of VanEck Bitcoin Trust ETF by 185.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 913 shares of the company’s stock worth $28,000 after purchasing an additional 593 shares in the last quarter. Clear Investment Research LLC purchased a new position in shares of VanEck Bitcoin Trust ETF in the second quarter worth $57,000. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in shares of VanEck Bitcoin Trust ETF during the third quarter valued at $64,000. Finally, Turim 21 Investimentos Ltda. purchased a new stake in shares of VanEck Bitcoin Trust ETF during the third quarter valued at $88,000.
VanEck Bitcoin Trust ETF Company Profile
The VanEck Bitcoin Trust (HODL) is an exchange-traded fund that is based on the MarketVector Bitcoin Benchmark Rate index. The fund provides passive exposure to the price of Bitcoin through the purchase of shares, allowing investors to track the performance of Bitcoin without directly owning and managing the digital currency.
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