Bouchey Financial Group Ltd Invests $16.99 Million in VanEck Bitcoin ETF $HODL

Bouchey Financial Group Ltd purchased a new stake in VanEck Bitcoin ETF (BATS:HODL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 686,899 shares of the company’s stock, valued at approximately $16,987,000. VanEck Bitcoin ETF makes up 1.3% of Bouchey Financial Group Ltd’s holdings, making the stock its 20th biggest holding. Bouchey Financial Group Ltd owned 1.07% of VanEck Bitcoin ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Integrated Wealth Concepts LLC raised its position in VanEck Bitcoin ETF by 280.7% in the first quarter. Integrated Wealth Concepts LLC now owns 9,250 shares of the company’s stock worth $216,000 after acquiring an additional 6,820 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of VanEck Bitcoin ETF during the 1st quarter worth $4,206,000. CW Advisors LLC grew its stake in shares of VanEck Bitcoin ETF by 57.1% during the 2nd quarter. CW Advisors LLC now owns 31,474 shares of the company’s stock worth $959,000 after purchasing an additional 11,443 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of VanEck Bitcoin ETF by 185.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 913 shares of the company’s stock worth $28,000 after purchasing an additional 593 shares during the period. Finally, First Trust Advisors LP increased its holdings in shares of VanEck Bitcoin ETF by 28.1% in the 2nd quarter. First Trust Advisors LP now owns 180,605 shares of the company’s stock valued at $5,503,000 after purchasing an additional 39,630 shares in the last quarter.

VanEck Bitcoin ETF Trading Down 1.7%

Shares of BATS HODL opened at $18.95 on Friday. VanEck Bitcoin ETF has a 52 week low of $17.60 and a 52 week high of $35.76. The firm has a 50-day moving average price of $20.30 and a 200 day moving average price of $25.61.

VanEck Bitcoin 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. HODL was launched on Jan 4, 2024 and is issued by VanEck.