NEOS Bitcoin High Income ETF (BATS:BTCI) Shares Down 0.3% – Here’s What Happened

NEOS Bitcoin High Income ETF (BATS:BTCI) shares were down 0.3% on Wednesday . The stock traded as low as $28.16 and last traded at $28.18. 493,902 shares changed hands during trading, a decline of 26% from the average session volume of 666,370 shares. The stock had previously closed at $28.26.

NEOS Bitcoin High Income ETF Stock Down 0.3%

The stock’s 50-day moving average price is $28.63 and its 200 day moving average price is $32.94.

Institutional Investors Weigh In On NEOS Bitcoin High Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BTCI. Fullerton Advisors LLC increased its position in shares of NEOS Bitcoin High Income ETF by 7.2% during the 1st quarter. Fullerton Advisors LLC now owns 6,334 shares of the company’s stock worth $208,000 after purchasing an additional 426 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of NEOS Bitcoin High Income ETF by 341.1% in the 4th quarter. IFP Advisors Inc now owns 741 shares of the company’s stock valued at $33,000 after buying an additional 573 shares during the last quarter. CAP Partners LLC boosted its holdings in shares of NEOS Bitcoin High Income ETF by 14.3% in the 1st quarter. CAP Partners LLC now owns 7,213 shares of the company’s stock valued at $236,000 after buying an additional 903 shares during the last quarter. NFSG Corp grew its stake in shares of NEOS Bitcoin High Income ETF by 14.4% in the first quarter. NFSG Corp now owns 8,439 shares of the company’s stock valued at $277,000 after buying an additional 1,061 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. bought a new position in shares of NEOS Bitcoin High Income ETF in the third quarter valued at $103,000.

About NEOS Bitcoin High Income ETF

The NEOS Bitcoin High Income ETF (BTCI) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a fund-of-funds that seeks high monthly income with the potential for appreciation by investing in ETPs with exposure to bitcoin while also utilizing call option strategies. BTCI was launched on Oct 17, 2024 and is issued by Neos.