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

VanEck Bitcoin Trust ETF (NYSEARCA:HODLGet Free Report)’s share price dropped 5.4% during trading on Monday . The company traded as low as $70.55 and last traded at $71.68. Approximately 245,411 shares were traded during trading, a decline of 50% from the average daily volume of 487,885 shares. The stock had previously closed at $75.75.

VanEck Bitcoin Trust ETF Stock Down 5.4 %

The firm has a fifty day simple moving average of $70.35.

Hedge Funds Weigh In On VanEck Bitcoin Trust ETF

A hedge fund recently bought a new stake in VanEck Bitcoin Trust ETF stock. Brookstone Capital Management bought a new position in VanEck Bitcoin Trust ETF (NYSEARCA:HODLFree Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 4,097 shares of the company’s stock, valued at approximately $329,000.

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