Robinhood Ventures Fund I (NYSE:RVI) Shares Down 2.4% – Time to Sell?

Robinhood Ventures Fund I (NYSE:RVI – Get Free Report)’s stock price was down 2.4% during mid-day trading on Tuesday. The stock traded as low as $23.75 and last traded at $24.00. Approximately 305,590 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 482,086 shares. The stock had previously closed at $24.59.

Robinhood Ventures Fund I Price Performance

The company has a 50 day simple moving average of $27.00.

Robinhood Ventures Fund I Company Profile

(Get Free Report)

Robinhood Ventures Fund I is an investment fund traded on the New York Stock Exchange under the symbol RVI. The fund is designed to provide investors with exposure to venture capital and private-market investments through a publicly traded vehicle.

The fund invests primarily in privately held companies and related venture investments, seeking access to businesses that may be earlier in their development than companies typically available in public equity markets. Its portfolio may include investments across technology, financial services and other growth-oriented industries.

Robinhood Ventures Fund I is associated with Robinhood’s asset-management and investing platform.

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