VanEck Bitcoin ETF (BATS:HODL – Get Free Report) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $22.73 and traded as high as $22.82. VanEck Bitcoin ETF shares last traded at $22.81, with a volume of 395,619 shares.
VanEck Bitcoin ETF Stock Up 1.0%
The company’s 50 day moving average price is $22.73 and its 200-day moving average price is $20.83.
Institutional Investors Weigh In On VanEck Bitcoin ETF
A number of institutional investors have recently added to or reduced their stakes in HODL. IRON Financial LLC increased its stake in VanEck Bitcoin ETF by 2.3% in the 3rd quarter. IRON Financial LLC now owns 26,094 shares of the company’s stock valued at $616,000 after buying an additional 589 shares during the last quarter. EnRich Financial Partners LLC boosted its stake in shares of VanEck Bitcoin ETF by 19.6% in the 3rd quarter. EnRich Financial Partners LLC now owns 17,908 shares of the company’s stock worth $423,000 after buying an additional 2,941 shares during the last quarter. Center For Asset Management LLC purchased a new position in shares of VanEck Bitcoin ETF in the 3rd quarter worth approximately $299,000. Eagle Strategies LLC bought a new position in shares of VanEck Bitcoin ETF in the third quarter valued at approximately $380,000. Finally, Mirador Capital Partners LP bought a new position in shares of VanEck Bitcoin ETF in the third quarter valued at approximately $324,000.
VanEck Bitcoin ETF Company Profile
The VanEck Bitcoin Trust (HODL) is an exchange-traded fund that is based on the MarketVector Bitcoin Benchmark Rate index. The fund provides passive exposure to the price of Bitcoin through the purchase of shares, allowing investors to track the performance of Bitcoin without directly owning and managing the digital currency. HODL was launched on Jan 4, 2024 and is issued by VanEck.
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