NEOS Bitcoin High Income ETF (BATS:BTCI) Stock Price Down 0.9% – Here’s What Happened

NEOS Bitcoin High Income ETF (BATS:BTCI) traded down 0.9% during trading on Thursday . The stock traded as low as $26.52 and last traded at $27.01. Approximately 651,468 shares traded hands during trading, a decline of 11% from the average session volume of 730,307 shares. The stock had previously closed at $27.25.

NEOS Bitcoin High Income ETF Stock Down 0.9%

The business’s fifty day moving average price is $33.56 and its 200 day moving average price is $37.03.

Hedge Funds Weigh In On NEOS Bitcoin High Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fullerton Advisors LLC boosted its position in NEOS Bitcoin High Income ETF by 7.2% in the first quarter. Fullerton Advisors LLC now owns 6,334 shares of the company’s stock valued at $208,000 after buying an additional 426 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of NEOS Bitcoin High Income ETF by 341.1% during the fourth quarter. IFP Advisors Inc now owns 741 shares of the company’s stock worth $33,000 after buying an additional 573 shares in the last quarter. CAP Partners LLC increased its holdings in shares of NEOS Bitcoin High Income ETF by 14.3% during the first quarter. CAP Partners LLC now owns 7,213 shares of the company’s stock worth $236,000 after buying an additional 903 shares in the last quarter. NFSG Corp lifted its stake in shares of NEOS Bitcoin High Income ETF by 14.4% in the 1st quarter. NFSG Corp now owns 8,439 shares of the company’s stock valued at $277,000 after acquiring an additional 1,061 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of NEOS Bitcoin High Income ETF by 84.6% in the 3rd quarter. Allworth Financial LP now owns 2,400 shares of the company’s stock valued at $143,000 after acquiring an additional 1,100 shares during the last quarter.

About NEOS Bitcoin High Income ETF

The NEOS Bitcoin High Income ETF (BTCI) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a fund-of-funds that seeks high monthly income with the potential for appreciation by investing in ETPs with exposure to bitcoin while also utilizing call option strategies. BTCI was launched on Oct 17, 2024 and is issued by Neos.