VanEck Bitcoin Trust ETF $HODL Shares Purchased by Simplify Asset Management Inc.

Simplify Asset Management Inc. lifted its position in shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 104.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 248,616 shares of the company’s stock after acquiring an additional 127,136 shares during the period. VanEck Bitcoin Trust ETF accounts for 0.4% of Simplify Asset Management Inc.’s portfolio, making the stock its 15th biggest holding. Simplify Asset Management Inc.’s holdings in VanEck Bitcoin Trust ETF were worth $7,575,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Berger Financial Group Inc grew its position in VanEck Bitcoin Trust ETF by 473.0% in the 1st quarter. Berger Financial Group Inc now owns 581,061 shares of the company’s stock worth $13,545,000 after purchasing an additional 479,663 shares during the last quarter. Avalon Capital Management boosted its position in shares of VanEck Bitcoin Trust ETF by 292.8% during the first quarter. Avalon Capital Management now owns 246,438 shares of the company’s stock worth $5,744,000 after buying an additional 183,703 shares during the period. Jane Street Group LLC acquired a new position in shares of VanEck Bitcoin Trust ETF during the first quarter worth approximately $4,206,000. NewEdge Advisors LLC bought a new position in VanEck Bitcoin Trust ETF in the 1st quarter worth approximately $3,017,000. Finally, Assetmark Inc. increased its position in VanEck Bitcoin Trust ETF by 435.9% in the 1st quarter. Assetmark Inc. now owns 93,687 shares of the company’s stock valued at $2,184,000 after acquiring an additional 76,205 shares during the period.

VanEck Bitcoin Trust ETF Price Performance

Shares of HODL opened at $29.98 on Tuesday. VanEck Bitcoin Trust ETF has a one year low of $21.41 and a one year high of $35.76. The stock’s fifty day moving average is $31.85 and its 200-day moving average is $31.24.

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.