Tactive Advisors LLC Boosts Holdings in Solana ETF $SOLZ

Tactive Advisors LLC raised its position in Solana ETF (NASDAQ:SOLZ) by 715.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 192,585 shares of the company’s stock after acquiring an additional 168,958 shares during the quarter. Tactive Advisors LLC’s holdings in Solana ETF were worth $1,421,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Advisory Services LLC purchased a new position in Solana ETF during the fourth quarter worth about $25,000. Parallel Advisors LLC acquired a new position in Solana ETF during the 3rd quarter worth approximately $75,000. rebel Financial LLC purchased a new position in shares of Solana ETF during the 1st quarter worth approximately $121,000. Captrust Financial Advisors acquired a new stake in shares of Solana ETF in the 4th quarter valued at approximately $140,000. Finally, Mariner LLC purchased a new stake in shares of Solana ETF in the fourth quarter valued at approximately $142,000.

Solana ETF Stock Up 1.7%

Shares of SOLZ stock opened at $7.39 on Friday. The business’s fifty day moving average price is $7.39 and its 200 day moving average price is $8.56. Solana ETF has a 1-year low of $6.17 and a 1-year high of $27.12.

Solana ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Wednesday, July 22nd were paid a dividend of $0.0148 per share. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%.

Solana ETF Company Profile

​The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.