Roundhill COIN WeeklyPay ETF (BATS:COIW) Shares Down 6.7% – Should You Sell?

Roundhill COIN WeeklyPay ETF (BATS:COIW) shares fell 6.7% during trading on Wednesday . The stock traded as low as $8.98 and last traded at $8.99. 140,405 shares traded hands during trading, an increase of 2% from the average session volume of 138,330 shares. The stock had previously closed at $9.64.

Roundhill COIN WeeklyPay ETF Trading Down 2.2%

The firm’s 50 day moving average price is $9.78 and its two-hundred day moving average price is $13.07.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in COIW. Exchange Traded Concepts LLC boosted its stake in shares of Roundhill COIN WeeklyPay ETF by 308.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 833,779 shares of the company’s stock worth $16,559,000 after acquiring an additional 629,774 shares in the last quarter. Centaurus Financial Inc. acquired a new stake in shares of Roundhill COIN WeeklyPay ETF in the 3rd quarter worth approximately $104,000. Simplex Trading LLC purchased a new position in Roundhill COIN WeeklyPay ETF in the 4th quarter valued at approximately $27,000. Finally, OLD Mission Capital LLC increased its stake in Roundhill COIN WeeklyPay ETF by 44.6% in the 4th quarter. OLD Mission Capital LLC now owns 30,955 shares of the company’s stock valued at $615,000 after purchasing an additional 9,547 shares in the last quarter.

Roundhill COIN WeeklyPay ETF Company Profile

The Roundhill COIN WeeklyPay ETF (COIW) is an exchange-traded fund that trades on the BATS exchange in the United States.