Global X Blockchain & Bitcoin Strategy ETF (BITS) To Go Ex-Dividend on December 30th

Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) announced a dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 14.0406 per share on Wednesday, January 7th. This represents a yield of 4,477.0%. The ex-dividend date is Tuesday, December 30th.

Global X Blockchain & Bitcoin Strategy ETF Price Performance

Shares of NASDAQ BITS opened at $62.73 on Wednesday. Global X Blockchain & Bitcoin Strategy ETF has a fifty-two week low of $45.63 and a fifty-two week high of $118.78. The company’s 50 day simple moving average is $88.40 and its 200 day simple moving average is $86.30. The firm has a market capitalization of $28.86 million, a P/E ratio of -123.00 and a beta of 2.69.

Institutional Investors Weigh In On Global X Blockchain & Bitcoin Strategy ETF

A hedge fund recently raised its stake in Global X Blockchain & Bitcoin Strategy ETF stock. Thurston Springer Miller Herd & Titak Inc. grew its position in Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) by 76.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 763 shares of the company’s stock after purchasing an additional 331 shares during the period. Thurston Springer Miller Herd & Titak Inc. owned about 0.17% of Global X Blockchain & Bitcoin Strategy ETF worth $55,000 at the end of the most recent reporting period. Institutional investors own 24.54% of the company’s stock.

About Global X Blockchain & Bitcoin Strategy ETF

The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.