Shares of Fidelity Wise Origin Bitcoin Fund (NYSEARCA:FBTC – Get Free Report) traded down 5.4% during mid-day trading on Monday . The stock traded as low as $54.53 and last traded at $55.36. 10,358,232 shares traded hands during trading, a decline of 13% from the average session volume of 11,845,697 shares. The stock had previously closed at $58.51.
Fidelity Wise Origin Bitcoin Fund Stock Performance
The company has a 50-day simple moving average of $54.70.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the business. Financial Synergies Wealth Advisors Inc. bought a new position in Fidelity Wise Origin Bitcoin Fund in the first quarter valued at $104,000. MCF Advisors LLC bought a new position in Fidelity Wise Origin Bitcoin Fund in the first quarter valued at $147,000. Coston McIsaac & Partners bought a new position in Fidelity Wise Origin Bitcoin Fund in the first quarter valued at $223,000. Gibson Capital LLC bought a new position in Fidelity Wise Origin Bitcoin Fund in the first quarter valued at $293,000. Finally, CRA Financial Services LLC bought a new position in Fidelity Wise Origin Bitcoin Fund in the first quarter valued at $365,000.
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