NEOS Investment Management LLC Sells 92,796 Shares of VanEck Bitcoin ETF $HODL

NEOS Investment Management LLC reduced its position in shares of VanEck Bitcoin ETF (BATS:HODL) by 1.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,282,111 shares of the company’s stock after selling 92,796 shares during the quarter. NEOS Investment Management LLC owned about 0.10% of VanEck Bitcoin ETF worth $87,736,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC increased its holdings in shares of VanEck Bitcoin ETF by 280.7% during the first quarter. Integrated Wealth Concepts LLC now owns 9,250 shares of the company’s stock valued at $216,000 after acquiring an additional 6,820 shares in the last quarter. Jane Street Group LLC bought a new position in shares of VanEck Bitcoin ETF in the 1st quarter worth $4,206,000. EverSource Wealth Advisors LLC lifted its holdings in shares of VanEck Bitcoin ETF by 185.3% in 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 in the last quarter. First Trust Advisors LP grew its position in 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 during the period. Finally, NewEdge Advisors LLC grew its position in VanEck Bitcoin ETF by 97.7% in the 2nd quarter. NewEdge Advisors LLC now owns 255,928 shares of the company’s stock valued at $7,798,000 after purchasing an additional 126,483 shares during the period.

VanEck Bitcoin ETF Stock Performance

Shares of HODL stock opened at $23.12 on Friday. The firm has a fifty day simple moving average of $18.89 and a two-hundred day simple moving average of $19.65. VanEck Bitcoin ETF has a 12 month low of $16.40 and a 12 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.