NEOS Investment Management LLC Sells 92,796 Shares of VanEck Bitcoin ETF $HODL

NEOS Investment Management LLC reduced its position in VanEck Bitcoin ETF (BATS:HODL) by 1.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,282,111 shares of the company’s stock after selling 92,796 shares during the quarter. NEOS Investment Management LLC owned approximately 9.54% of VanEck Bitcoin ETF worth $87,736,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Jane Street Group LLC lifted its holdings in VanEck Bitcoin ETF by 4,372.1% in the fourth quarter. Jane Street Group LLC now owns 1,042,305 shares of the company’s stock valued at $25,776,000 after buying an additional 1,018,998 shares during the period. Van ECK Associates Corp grew its holdings in VanEck Bitcoin ETF by 22.4% during the 4th quarter. Van ECK Associates Corp now owns 5,036,226 shares of the company’s stock worth $124,546,000 after acquiring an additional 922,199 shares during the period. Gradient Investments LLC grew its holdings in VanEck Bitcoin ETF by 47.6% during the 2nd quarter. Gradient Investments LLC now owns 922,374 shares of the company’s stock worth $15,321,000 after acquiring an additional 297,606 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in shares of VanEck Bitcoin ETF in the 4th quarter worth about $5,698,000. Finally, Berger Financial Group Inc raised its position in shares of VanEck Bitcoin ETF by 26.0% in the 1st quarter. Berger Financial Group Inc now owns 858,524 shares of the company’s stock worth $16,449,000 after acquiring an additional 177,369 shares in the last quarter.

VanEck Bitcoin ETF Price Performance

Shares of BATS:HODL opened at $23.12 on Friday. VanEck Bitcoin ETF has a 1 year low of $16.40 and a 1 year high of $35.76. The business’s 50-day moving average is $18.89 and its 200-day moving average is $19.65.

VanEck Bitcoin ETF 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. HODL was launched on Jan 4, 2024 and is issued by VanEck.