First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Shares Up 0.2% – What’s Next?

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) was up 0.2% during mid-day trading on Tuesday . The company traded as high as $12.29 and last traded at $12.16. Approximately 45,824 shares changed hands during trading, a decline of 58% from the average daily volume of 108,337 shares. The stock had previously closed at $12.14.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Stock Up 0.2%

The company has a market capitalization of $90.59 million, a P/E ratio of -133.01 and a beta of 3.26. The firm’s 50-day moving average price is $15.21 and its 200 day moving average price is $18.50.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.1131 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.45 annualized dividend and a dividend yield of 3.7%. First Trust SkyBridge Crypto Industry and Digital Economy ETF’s dividend payout ratio is -120.32%.

Hedge Funds Weigh In On First Trust SkyBridge Crypto Industry and Digital Economy ETF

A number of hedge funds have recently bought and sold shares of CRPT. Sound Income Strategies LLC bought a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the fourth quarter valued at about $26,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 2nd quarter worth approximately $34,000. CWM LLC boosted its stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 88.0% in the 3rd quarter. CWM LLC now owns 2,765 shares of the company’s stock worth $62,000 after buying an additional 1,294 shares during the last quarter. AE Wealth Management LLC purchased a new stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the second quarter valued at approximately $83,000. Finally, Truvestments Capital LLC increased its position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 1,351.7% during the fourth quarter. Truvestments Capital LLC now owns 6,460 shares of the company’s stock valued at $97,000 after acquiring an additional 6,015 shares during the last quarter.

About First Trust SkyBridge Crypto Industry and Digital Economy ETF

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.