Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) Shares Down 6.1% – Here’s Why

Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) shares fell 6.1% during mid-day trading on Friday . The company traded as low as $14.57 and last traded at $14.89. 271,812 shares changed hands during trading, an increase of 574% from the average session volume of 40,355 shares. The stock had previously closed at $15.85.

Hashdex Nasdaq Crypto Index US ETF Stock Performance

The business has a 50-day moving average price of $18.60 and a 200-day moving average price of $20.22.

Hedge Funds Weigh In On Hashdex Nasdaq Crypto Index US ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Yarbrough Capital LLC bought a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the 4th quarter worth $4,392,000. Magnus Financial Group LLC grew its position in shares of Hashdex Nasdaq Crypto Index US ETF by 29.1% during the 4th quarter. Magnus Financial Group LLC now owns 121,117 shares of the company’s stock worth $2,753,000 after buying an additional 27,329 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the 3rd quarter worth $595,000. Arax Advisory Partners bought a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the 4th quarter worth $31,000. Finally, Compound Planning Inc. bought a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the 1st quarter worth $670,000.

About Hashdex Nasdaq Crypto Index US ETF

The Hashdex Nasdaq Crypto Index US ETF (NCIQ) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.