Shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL – Get Free Report) fell 5.4% during trading on Monday . The stock traded as low as $70.55 and last traded at $71.68. 245,411 shares traded hands during trading, a decline of 50% from the average session volume of 487,885 shares. The stock had previously closed at $75.75.
VanEck Bitcoin Trust ETF Stock Performance
The firm’s fifty day moving average price is $70.79.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Newton One Investments LLC acquired a new stake in shares of VanEck Bitcoin Trust ETF in the 1st quarter worth $27,000. Brookstone Capital Management purchased a new stake in VanEck Bitcoin Trust ETF during the first quarter worth about $329,000. Finally, IMC Chicago LLC purchased a new stake in VanEck Bitcoin Trust ETF during the first quarter worth about $10,705,000.
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