STKD Bitcoin & Gold ETF (NYSEARCA:BTGD) Shares Up 0.7% – Here’s Why

STKD Bitcoin & Gold ETF (NYSEARCA:BTGD)’s stock price traded up 0.7% during trading on Friday . The stock traded as high as $21.60 and last traded at $21.41. 6,499 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 86,977 shares. The stock had previously closed at $21.27.

STKD Bitcoin & Gold ETF Stock Performance

The firm has a 50-day simple moving average of $25.31 and a two-hundred day simple moving average of $30.03.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in STKD Bitcoin & Gold ETF stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of STKD Bitcoin & Gold ETF (NYSEARCA:BTGD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,406 shares of the company’s stock, valued at approximately $48,000. Thurston Springer Miller Herd & Titak Inc. owned 0.05% of STKD Bitcoin & Gold ETF at the end of the most recent reporting period.

About STKD Bitcoin & Gold ETF

The STKD Bitcoin & Gold ETF (BTGD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that provides combined exposure to Bitcoin and gold through futures contracts and ETPs. The fund uses leverage to stack the total return of its Bitcoin holdings with the potential returns of the gold strategy. BTGD was launched on Oct 15, 2024 and is issued by Stacked.