Valkyrie Bitcoin Fund (NASDAQ:BRRR - Get Free Report) traded up 1.3% on Wednesday . The company traded as high as $27.58 and last traded at $27.19. 78,720 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 327,580 shares. The stock had previously closed at $26.85.
Valkyrie Bitcoin Fund Stock Up 1.9 %
The firm has a fifty day moving average price of $24.68 and a 200-day moving average price of $25.77.
Institutional Investors Weigh In On Valkyrie Bitcoin Fund
Several large investors have recently made changes to their positions in BRRR. Elequin Capital LP boosted its holdings in shares of Valkyrie Bitcoin Fund by 65,361.8% in the 4th quarter. Elequin Capital LP now owns 654,618 shares of the company's stock worth $17,315,000 after buying an additional 653,618 shares during the last quarter. Jane Street Group LLC grew its position in shares of Valkyrie Bitcoin Fund by 200.5% during the 4th quarter. Jane Street Group LLC now owns 222,285 shares of the company's stock valued at $5,879,000 after acquiring an additional 148,311 shares during the period. CPR Investments Inc. purchased a new stake in shares of Valkyrie Bitcoin Fund during the 4th quarter worth approximately $4,567,000. Farringdon Capital Ltd. bought a new stake in shares of Valkyrie Bitcoin Fund in the 4th quarter worth approximately $1,098,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in Valkyrie Bitcoin Fund in the first quarter valued at approximately $209,000.
Valkyrie Bitcoin Fund Company Profile
(
Get Free Report)
The Valkyrie Bitcoin Fund (BRRR) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a cold storage wallet. BRRR was launched on Jan 10, 2024 and is issued by Valkyrie.
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