VanEck Bitcoin Trust ETF (NYSEARCA:HODL) Shares Down 5.4%

VanEck Bitcoin Trust ETF (NYSEARCA:HODLGet Free Report) shares fell 5.4% during trading on Monday . The company traded as low as $70.55 and last traded at $71.68. 245,411 shares changed 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 Down 2.8 %

The firm’s 50-day moving average is $70.79.

Hedge Funds Weigh In On VanEck Bitcoin Trust ETF

Large investors have recently made changes to their positions in the stock. Newton One Investments LLC bought a new stake in VanEck Bitcoin Trust ETF during the first quarter worth about $27,000. Brookstone Capital Management purchased a new position in VanEck Bitcoin Trust ETF during the 1st quarter valued at about $329,000. Finally, IMC Chicago LLC bought a new stake in VanEck Bitcoin Trust ETF during the 1st quarter valued at approximately $10,705,000.

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