Renaissance Technologies LLC Sells 120,300 Shares of VanEck Bitcoin ETF $HODL

Renaissance Technologies LLC trimmed its holdings in shares of VanEck Bitcoin ETF (BATS:HODL) by 75.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,800 shares of the company’s stock after selling 120,300 shares during the quarter. Renaissance Technologies LLC owned 0.07% of VanEck Bitcoin ETF worth $743,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN increased its stake in VanEck Bitcoin ETF by 100,000.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,001 shares of the company’s stock worth $25,000 after acquiring an additional 1,000 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in VanEck Bitcoin ETF by 185.3% during the second quarter. EverSource Wealth Advisors LLC now owns 913 shares of the company’s stock valued at $28,000 after purchasing an additional 593 shares during the period. Wilkerson Advisory Group LLC bought a new stake in shares of VanEck Bitcoin ETF in the 4th quarter valued at approximately $34,000. Bogart Wealth LLC bought a new stake in shares of VanEck Bitcoin ETF in the 4th quarter valued at approximately $42,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new stake in shares of VanEck Bitcoin ETF in the 3rd quarter valued at approximately $64,000.

VanEck Bitcoin ETF Trading Down 0.7%

Shares of VanEck Bitcoin ETF stock opened at $17.78 on Friday. The stock has a 50 day moving average price of $17.91 and a 200-day moving average price of $19.71. VanEck Bitcoin ETF has a one year low of $16.40 and a one year high of $35.76.

VanEck Bitcoin ETF Company 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.