STKD Bitcoin & Gold ETF (NYSEARCA:BTGD) Trading 1.3% Higher – Still a Buy?

STKD Bitcoin & Gold ETF (NYSEARCA:BTGDGet Free Report) shares shot up 1.3% during mid-day trading on Monday . The company traded as high as $20.86 and last traded at $20.83. 45,239 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 79,522 shares. The stock had previously closed at $20.57.

STKD Bitcoin & Gold ETF Stock Up 5.1%

The company has a 50-day simple moving average of $22.02 and a 200 day simple moving average of $28.10.

Hedge Funds Weigh In On STKD Bitcoin & Gold ETF

A hedge fund recently bought a new position in STKD Bitcoin & Gold ETF stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in STKD Bitcoin & Gold ETF (NYSEARCA:BTGDFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,406 shares of the company’s stock, valued at approximately $48,000. Thurston Springer Miller Herd & Titak Inc. owned 0.05% of STKD Bitcoin & Gold ETF at the end of the most recent reporting period.

STKD Bitcoin & Gold ETF Company Profile

(Get Free Report)

The STKD Bitcoin & Gold ETF (BTGD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that provides combined exposure to Bitcoin and gold through futures contracts and ETPs. The fund uses leverage to stack the total return of its Bitcoin holdings with the potential returns of the gold strategy. BTGD was launched on Oct 15, 2024 and is issued by Stacked.

Further Reading

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