Tidal Investments LLC Purchases 6,357 Shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL)

Tidal Investments LLC increased its position in shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 161,137 shares of the company’s stock after buying an additional 6,357 shares during the period. Tidal Investments LLC owned 0.31% of VanEck Bitcoin Trust ETF worth $17,034,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Hunting Hill Global Capital LLC acquired a new stake in VanEck Bitcoin Trust ETF in the fourth quarter valued at approximately $31,077,000. NEOS Investment Management LLC bought a new position in shares of VanEck Bitcoin Trust ETF in the fourth quarter valued at $10,017,000. Syon Capital LLC acquired a new position in shares of VanEck Bitcoin Trust ETF during the fourth quarter valued at about $7,727,000. Avalon Capital Management bought a new stake in shares of VanEck Bitcoin Trust ETF during the fourth quarter worth about $6,632,000. Finally, First Trust Advisors LP bought a new stake in shares of VanEck Bitcoin Trust ETF during the fourth quarter worth about $4,078,000.

VanEck Bitcoin Trust ETF Stock Up 0.8%

Shares of NYSEARCA HODL opened at $29.43 on Monday. The firm’s 50-day simple moving average is $25.19 and its 200 day simple moving average is $26.19. VanEck Bitcoin Trust ETF has a fifty-two week low of $14.01 and a fifty-two week high of $30.66.

VanEck Bitcoin Trust ETF Profile

The VanEck Bitcoin Trust (HODL) is an exchange-traded fund that is based on the MarketVector Bitcoin Benchmark Rate index. The fund provides passive exposure to the price of Bitcoin through the purchase of shares, allowing investors to track the performance of Bitcoin without directly owning and managing the digital currency.