STKD Bitcoin & Gold ETF (NYSEARCA:BTGD) Trading 0.7% Higher – Still a Buy?

Shares of STKD Bitcoin & Gold ETF (NYSEARCA:BTGD) traded up 0.7% on Friday . The stock traded as high as $21.60 and last traded at $21.41. 6,499 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 86,977 shares. The stock had previously closed at $21.27.

STKD Bitcoin & Gold ETF Price Performance

The business has a 50 day moving average price of $25.31 and a 200-day moving average price of $30.03.

Institutional Investors Weigh In On STKD Bitcoin & Gold ETF

An institutional investor recently bought a new stake in STKD Bitcoin & Gold ETF stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in STKD Bitcoin & Gold ETF (NYSEARCA:BTGD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,406 shares of the company’s stock, valued at approximately $48,000. Thurston Springer Miller Herd & Titak Inc. owned 0.05% of STKD Bitcoin & Gold ETF as of its most recent filing with the Securities & Exchange Commission.

About STKD Bitcoin & Gold ETF

The STKD Bitcoin & Gold ETF (BTGD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that provides combined exposure to Bitcoin and gold through futures contracts and ETPs. The fund uses leverage to stack the total return of its Bitcoin holdings with the potential returns of the gold strategy. BTGD was launched on Oct 15, 2024 and is issued by Stacked.