Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Trading 0.7% Higher – What’s Next?

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN)’s stock price shot up 0.7% during mid-day trading on Friday . The stock traded as high as $24.95 and last traded at $24.89. 9,227 shares changed hands during trading, a decline of 36% from the average session volume of 14,321 shares. The stock had previously closed at $24.72.

Siren Nasdaq NexGen Economy ETF Price Performance

The company’s 50 day moving average is $25.16 and its two-hundred day moving average is $25.45. The firm has a market cap of $37.83 million, a P/E ratio of 21.54 and a beta of 1.60.

Siren Nasdaq NexGen Economy ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 19th were given a $0.6912 dividend. The ex-dividend date was Friday, December 19th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 11.1%.

Institutional Trading of Siren Nasdaq NexGen Economy ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Smart Portfolios LLC bought a new position in Siren Nasdaq NexGen Economy ETF in the second quarter worth $206,000. Osaic Holdings Inc. raised its stake in shares of Siren Nasdaq NexGen Economy ETF by 29.3% in the 2nd quarter. Osaic Holdings Inc. now owns 10,085 shares of the company’s stock valued at $235,000 after buying an additional 2,283 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Siren Nasdaq NexGen Economy ETF in the 1st quarter valued at $297,000. Finally, Glass Jacobson Investment Advisors llc lifted its holdings in shares of Siren Nasdaq NexGen Economy ETF by 11.3% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 19,136 shares of the company’s stock worth $446,000 after acquiring an additional 1,947 shares during the period.

About Siren Nasdaq NexGen Economy ETF

The Siren Nasdaq NexGen Economy ETF (BLCN) is an exchange-traded fund that is based on the Siren NASDAQ Blockchain Economy index. The fund tracks an index of global companies involved in developing, researching, or using blockchain technologies. BLCN was launched on Jan 17, 2018 and is managed by Siren.