Smart Portfolios LLC Invests $206,000 in Siren Nasdaq NexGen Economy ETF $BLCN

Smart Portfolios LLC bought a new position in shares of Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) during the second quarter, according to its most recent filing with the SEC. The fund bought 8,816 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC raised its stake in shares of Siren Nasdaq NexGen Economy ETF by 5.7% during the 1st quarter. Wealthfront Advisers LLC now owns 11,521 shares of the company’s stock worth $220,000 after purchasing an additional 626 shares during the period. Financial Engines Advisors L.L.C. raised its stake in shares of Siren Nasdaq NexGen Economy ETF by 12.0% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 146,856 shares of the company’s stock worth $2,809,000 after purchasing an additional 15,713 shares during the period. Finally, Jane Street Group LLC bought a new stake in Siren Nasdaq NexGen Economy ETF in the 1st quarter valued at about $297,000.

Siren Nasdaq NexGen Economy ETF Stock Performance

Shares of Siren Nasdaq NexGen Economy ETF stock opened at $29.11 on Wednesday. Siren Nasdaq NexGen Economy ETF has a 52-week low of $16.24 and a 52-week high of $30.66. The stock’s 50-day simple moving average is $25.74 and its 200 day simple moving average is $23.05. The stock has a market capitalization of $47.45 million, a P/E ratio of 21.54 and a beta of 1.24.

Siren Nasdaq NexGen Economy ETF Company Profile

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.