Avior Wealth Management LLC Increases Stock Holdings in VanEck Bitcoin Trust ETF (NYSEARCA:HODL)

Avior Wealth Management LLC lifted its position in VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 136.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 350 shares of the company’s stock after purchasing an additional 202 shares during the period. Avior Wealth Management LLC’s holdings in VanEck Bitcoin Trust ETF were worth $37,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of HODL. Flow Traders U.S. LLC raised its stake in VanEck Bitcoin Trust ETF by 250.7% in the third quarter. Flow Traders U.S. LLC now owns 107,265 shares of the company’s stock valued at $7,705,000 after purchasing an additional 76,682 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in VanEck Bitcoin Trust ETF in the second quarter valued at approximately $2,077,000. Tidal Investments LLC raised its stake in VanEck Bitcoin Trust ETF by 11.1% in the third quarter. Tidal Investments LLC now owns 154,780 shares of the company’s stock valued at $11,118,000 after purchasing an additional 15,513 shares in the last quarter. Horizon Kinetics Asset Management LLC purchased a new stake in VanEck Bitcoin Trust ETF in the third quarter valued at approximately $548,000. Finally, RPO LLC raised its stake in VanEck Bitcoin Trust ETF by 53.5% in the third quarter. RPO LLC now owns 12,861 shares of the company’s stock valued at $924,000 after purchasing an additional 4,480 shares in the last quarter.

VanEck Bitcoin Trust ETF Stock Up 3.1 %

Shares of HODL opened at $118.03 on Thursday. The firm’s 50 day simple moving average is $111.35 and its 200 day simple moving average is $87.09. VanEck Bitcoin Trust ETF has a 1-year low of $47.87 and a 1-year high of $122.63.

About VanEck Bitcoin Trust ETF

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.