Fidelity Wise Origin Bitcoin Fund (BATS:FBTC – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $69.91 and traded as high as $70.22. Fidelity Wise Origin Bitcoin Fund shares last traded at $70.19, with a volume of 3,024,224 shares traded.
Fidelity Wise Origin Bitcoin Fund Trading Up 1.1%
The business’s 50-day simple moving average is $69.91 and its 200-day simple moving average is $64.11.
Hedge Funds Weigh In On Fidelity Wise Origin Bitcoin Fund
Several large investors have recently bought and sold shares of FBTC. Mad River Investors boosted its stake in Fidelity Wise Origin Bitcoin Fund by 11.5% in the third quarter. Mad River Investors now owns 78,429 shares of the company’s stock valued at $5,697,000 after acquiring an additional 8,060 shares during the last quarter. Lynch Investment Planning LLC acquired a new stake in Fidelity Wise Origin Bitcoin Fund during the 3rd quarter worth $25,000. Latitude Advisors LLC acquired a new stake in Fidelity Wise Origin Bitcoin Fund during the 3rd quarter worth $37,000. Park Avenue Securities LLC raised its position in shares of Fidelity Wise Origin Bitcoin Fund by 23.6% during the 3rd quarter. Park Avenue Securities LLC now owns 192,604 shares of the company’s stock valued at $13,991,000 after acquiring an additional 36,819 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC raised its position in shares of Fidelity Wise Origin Bitcoin Fund by 0.5% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 109,989 shares of the company’s stock valued at $7,990,000 after acquiring an additional 584 shares during the last quarter.
Fidelity Wise Origin Bitcoin Fund Company Profile
The Fidelity Wise Origin Bitcoin Fund (FBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC) using a Bitcoin price feed. An investment in the fund is not a direct investment in bitcoin. FBTC was launched on Jan 10, 2024 and is issued by Fidelity.
Read More
- Five stocks we like better than Fidelity Wise Origin Bitcoin Fund
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Receive News & Ratings for Fidelity Wise Origin Bitcoin Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Wise Origin Bitcoin Fund and related companies with MarketBeat.com's FREE daily email newsletter.
