Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Get Free Report)’s stock price traded down 0.4% during mid-day trading on Monday . The stock traded as low as $89.74 and last traded at $91.26. 5,436 shares were traded during trading, a decline of 23% from the average session volume of 7,057 shares. The stock had previously closed at $91.66.
Global X Blockchain & Bitcoin Strategy ETF Stock Down 0.4 %
The business has a 50 day moving average of $69.94 and a 200 day moving average of $67.70. The firm has a market cap of $34.68 million, a price-to-earnings ratio of -178.94 and a beta of 2.23.
Hedge Funds Weigh In On Global X Blockchain & Bitcoin Strategy ETF
A hedge fund recently bought a new stake in Global X Blockchain & Bitcoin Strategy ETF stock. Flow Traders U.S. LLC bought a new stake in shares of Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,024 shares of the company’s stock, valued at approximately $394,000. Flow Traders U.S. LLC owned 1.59% of Global X Blockchain & Bitcoin Strategy ETF at the end of the most recent quarter. 24.54% of the stock is owned by institutional investors and hedge funds.
Global X Blockchain & Bitcoin Strategy ETF Company Profile
The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.
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