Essex Financial Services Inc. Invests $315,000 in VanEck Bitcoin Trust ETF (NYSEARCA:HODL)

Essex Financial Services Inc. purchased a new position in shares of VanEck Bitcoin Trust ETF (NYSEARCA:HODL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,977 shares of the company’s stock, valued at approximately $315,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Lifestyle Asset Management Inc. raised its position in shares of VanEck Bitcoin Trust ETF by 2.7% during the 3rd quarter. Lifestyle Asset Management Inc. now owns 5,909 shares of the company’s stock worth $424,000 after purchasing an additional 153 shares during the period. Main Street Financial Solutions LLC grew its holdings in VanEck Bitcoin Trust ETF by 1.8% in the 3rd quarter. Main Street Financial Solutions LLC now owns 9,956 shares of the company’s stock worth $715,000 after buying an additional 179 shares in the last quarter. Avior Wealth Management LLC grew its holdings in VanEck Bitcoin Trust ETF by 136.5% in the 4th quarter. Avior Wealth Management LLC now owns 350 shares of the company’s stock worth $37,000 after buying an additional 202 shares in the last quarter. Newton One Investments LLC bought a new position in VanEck Bitcoin Trust ETF in the 4th quarter worth approximately $35,000. Finally, Larson Financial Group LLC grew its holdings in VanEck Bitcoin Trust ETF by 41.6% in the 3rd quarter. Larson Financial Group LLC now owns 3,494 shares of the company’s stock worth $251,000 after buying an additional 1,027 shares in the last quarter.

VanEck Bitcoin Trust ETF Price Performance

Shares of HODL stock opened at $108.95 on Friday. VanEck Bitcoin Trust ETF has a 12-month low of $56.05 and a 12-month high of $122.63. The business has a 50 day simple moving average of $112.08 and a 200 day simple moving average of $89.92.

VanEck Bitcoin Trust 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.