First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Trading Up 6.6% – What’s Next?

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) shares were up 6.6% during trading on Thursday . The company traded as high as $11.64 and last traded at $11.59. Approximately 113,367 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 95,443 shares. The stock had previously closed at $10.87.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Stock Down 3.5%

The stock has a market cap of $82.17 million, a P/E ratio of -122.29 and a beta of 3.16. The firm has a 50 day moving average price of $12.63 and a 200 day moving average price of $13.53.

Institutional Investors Weigh In On First Trust SkyBridge Crypto Industry and Digital Economy ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mattson Financial Services LLC boosted its position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 17.3% in the fourth quarter. Mattson Financial Services LLC now owns 298,252 shares of the company’s stock worth $4,477,000 after purchasing an additional 43,945 shares during the period. Csenge Advisory Group raised its position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 102.0% during the 4th quarter. Csenge Advisory Group now owns 412,014 shares of the company’s stock valued at $6,184,000 after purchasing an additional 208,020 shares during the period. Orion Porfolio Solutions LLC raised its position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 24.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 31,761 shares of the company’s stock valued at $737,000 after purchasing an additional 6,196 shares during the period. Jane Street Group LLC lifted its stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 36.5% during the 2nd quarter. Jane Street Group LLC now owns 31,487 shares of the company’s stock valued at $731,000 after buying an additional 8,413 shares in the last quarter. Finally, Safe Harbor Wealth Advisors LLC purchased a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 4th quarter valued at $475,000.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Company Profile

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.