Blockchain Technologies ETF (TSE:HBLK) Shares Down 6.9% – Here’s Why

Blockchain Technologies ETF (TSE:HBLK) traded down 6.9% during trading on Friday . The company traded as low as C$19.07 and last traded at C$19.07. 431 shares changed hands during trading, a decline of 83% from the average session volume of 2,573 shares. The stock had previously closed at C$20.49.

Blockchain Technologies ETF Price Performance

The company’s 50-day moving average is C$21.07 and its 200-day moving average is C$24.01.

About Blockchain Technologies ETF

The Fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index the Index. The Fund invests in equity securities of issuers exposed, directly or indirectly, to the development and implementation of blockchain and distributed ledger technologies. The Fund In order to achieve its investment objective and to obtain direct or indirect exposure to the Constituent Securities 1 of the Index, the Fund may hold the Constituent Securities of the Index in approximately the same proportion as they are reflected in that Index or may hold securities of one or more exchange traded funds that replicate the performance of the applicable Index, or a subset of such Index.