VanEck Bitcoin Trust ETF (NYSEARCA:HODL – Get Free Report) saw strong trading volume on Monday . 4,214,671 shares changed hands during mid-day trading, an increase of 259% from the previous session’s volume of 1,172,579 shares.The stock last traded at $25.85 and had previously closed at $26.66.
VanEck Bitcoin Trust ETF Stock Performance
The stock has a 50 day simple moving average of $31.36 and a 200-day simple moving average of $31.26.
Hedge Funds Weigh In On VanEck Bitcoin Trust ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its position in shares of VanEck Bitcoin Trust ETF by 13.2% in the second quarter. Parallel Advisors LLC now owns 6,650 shares of the company’s stock valued at $203,000 after acquiring an additional 775 shares in the last quarter. Accurate Wealth Management LLC boosted its position in shares of VanEck Bitcoin Trust ETF by 108.8% during the second quarter. Accurate Wealth Management LLC now owns 21,571 shares of the company’s stock worth $693,000 after acquiring an additional 11,241 shares during the last quarter. Firestone Capital Management grew its stake in VanEck Bitcoin Trust ETF by 11.1% during the second quarter. Firestone Capital Management now owns 28,183 shares of the company’s stock valued at $859,000 after acquiring an additional 2,827 shares in the last quarter. Cookson Peirce & Co. Inc. bought a new stake in VanEck Bitcoin Trust ETF in the 2nd quarter valued at $481,000. Finally, Clear Investment Research LLC bought a new position in shares of VanEck Bitcoin Trust ETF during the 2nd quarter valued at about $57,000.
VanEck Bitcoin Trust ETF Company 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.
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