First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Trading Up 0.2% – Time to Buy?

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT)’s share price rose 0.2% during mid-day trading on Tuesday . The stock traded as high as $12.29 and last traded at $12.16. Approximately 45,824 shares traded hands during trading, a decline of 58% from the average daily volume of 108,337 shares. The stock had previously closed at $12.14.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Trading Up 0.2%

The company has a market capitalization of $90.59 million, a PE ratio of -133.01 and a beta of 3.26. The stock’s fifty day moving average is $15.21 and its two-hundred day moving average is $18.50.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.1131 per share. This represents a $0.45 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, December 12th. First Trust SkyBridge Crypto Industry and Digital Economy ETF’s dividend payout ratio is currently -120.32%.

Institutional Investors Weigh In On First Trust SkyBridge Crypto Industry and Digital Economy ETF

Hedge funds have recently modified their holdings of the stock. Stifel Financial Corp grew its holdings in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 3.0% during the fourth quarter. Stifel Financial Corp now owns 29,763 shares of the company’s stock valued at $447,000 after purchasing an additional 871 shares during the period. Centric Wealth Management lifted its position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 3.6% during the 2nd quarter. Centric Wealth Management now owns 28,238 shares of the company’s stock valued at $630,000 after buying an additional 972 shares during the last quarter. CWM LLC lifted its position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 88.0% during the 3rd quarter. CWM LLC now owns 2,765 shares of the company’s stock valued at $62,000 after buying an additional 1,294 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 2nd quarter worth $34,000. Finally, Sound Income Strategies LLC bought a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 4th quarter worth $26,000.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Company Profile

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.