VanEck Onchain Economy ETF (BATS:NODE) Shares Down 8.1% – Here’s What Happened

Shares of VanEck Onchain Economy ETF (BATS:NODE) dropped 8.1% during trading on Thursday. The company traded as low as $26.43 and last traded at $27.75. 22,375 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 16,638 shares. The stock had previously closed at $30.18.

VanEck Onchain Economy ETF Stock Performance

The company’s fifty day moving average is $36.85 and its 200-day moving average is $38.67.

Hedge Funds Weigh In On VanEck Onchain Economy ETF

Several hedge funds have recently modified their holdings of NODE. GK Wealth Management LLC acquired a new stake in VanEck Onchain Economy ETF during the 3rd quarter worth about $64,000. IFP Advisors Inc acquired a new position in VanEck Onchain Economy ETF in the 3rd quarter worth about $106,000. MinichMacGregor Wealth Management LLC acquired a new position in shares of VanEck Onchain Economy ETF during the 3rd quarter worth approximately $222,000. Steel Grove Capital Advisors LLC raised its position in VanEck Onchain Economy ETF by 3.9% during the third quarter. Steel Grove Capital Advisors LLC now owns 13,220 shares of the company’s stock worth $517,000 after acquiring an additional 500 shares during the period. Finally, Echo45 Advisors LLC purchased a new position in VanEck Onchain Economy ETF in the 3rd quarter valued at about $1,969,000.

VanEck Onchain Economy ETF Company Profile

The Vaneck Funds – Onchain Economy ETF (NODE) is an exchange-traded fund that trades on the BATS exchange in the United States.