Xrp Etf (
NASDAQ:XRPI -
Get Free Report)'s stock price was up 0.5% on Friday . The company traded as high as $7.69 and last traded at $7.69. Approximately 120,343 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 437,286 shares. The stock had previously closed at $7.65.
Key Headlines Impacting Xrp Etf
Here are the key news stories impacting Xrp Etf this week:
Xrp Etf Stock Up 0.5%
The stock has a 50-day moving average of $7.97 and a 200 day moving average of $11.43.
Xrp Etf Cuts Dividend
The company also recently disclosed a monthly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, March 18th were given a $0.0135 dividend. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Wednesday, March 18th.
Institutional Trading of Xrp Etf
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Q3 Asset Management acquired a new stake in Xrp Etf in the fourth quarter worth about $430,000. Flow Traders U.S. LLC acquired a new stake in Xrp Etf in the third quarter worth about $1,934,000. Finally, Hurley Capital LLC acquired a new stake in Xrp Etf in the third quarter worth about $135,000.
Xrp Etf Company Profile
(
Get Free Report)
Volatility Shares Trust - XRP ETF is a multi-asset mutual fund launched by and managed by Volatility Shares LLC. The fund seeks to invest in various financial instruments like currency and fixed income instruments. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as futures and swaps to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Xrp Etf, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Xrp Etf wasn't on the list.
While Xrp Etf currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.