Meitav Investment House Ltd. Grows Holdings in VanEck Bitcoin ETF $HODL

Meitav Investment House Ltd. grew its holdings in shares of VanEck Bitcoin ETF (BATS:HODL) by 45.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 167,062 shares of the company’s stock after acquiring an additional 51,832 shares during the period. Meitav Investment House Ltd. owned about 0.30% of VanEck Bitcoin ETF worth $3,201,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of HODL. Van ECK Associates Corp boosted its holdings in VanEck Bitcoin ETF by 22.4% in the fourth quarter. Van ECK Associates Corp now owns 5,036,226 shares of the company’s stock valued at $124,546,000 after purchasing an additional 922,199 shares during the last quarter. Jane Street Group LLC grew its stake in VanEck Bitcoin ETF by 4,372.1% during the 4th quarter. Jane Street Group LLC now owns 1,042,305 shares of the company’s stock valued at $25,776,000 after purchasing an additional 1,018,998 shares in the last quarter. Berger Financial Group Inc increased its holdings in VanEck Bitcoin ETF by 26.0% during the 1st quarter. Berger Financial Group Inc now owns 858,524 shares of the company’s stock worth $16,449,000 after purchasing an additional 177,369 shares during the last quarter. Bouchey Financial Group Ltd purchased a new stake in VanEck Bitcoin ETF during the 4th quarter worth approximately $16,987,000. Finally, Tidal Investments LLC raised its position in shares of VanEck Bitcoin ETF by 15.3% in the 2nd quarter. Tidal Investments LLC now owns 637,078 shares of the company’s stock valued at $19,412,000 after purchasing an additional 84,465 shares in the last quarter.

VanEck Bitcoin ETF Stock Performance

Shares of HODL traded up $0.03 during trading on Tuesday, reaching $18.04. The company’s stock had a trading volume of 328,624 shares, compared to its average volume of 1,907,375. The company has a fifty day moving average of $19.81 and a two-hundred day moving average of $21.17. VanEck Bitcoin ETF has a twelve month low of $16.40 and a twelve month 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.