Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) Trading Down 1.7%

Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ)’s share price was down 1.7% during trading on Wednesday . The stock traded as low as $11.40 and last traded at $11.53. Approximately 40,509 shares were traded during trading, a decline of 81% from the average daily volume of 215,267 shares. The stock had previously closed at $11.72.

Bitwise Crypto Industry Innovators ETF Trading Down 1.7 %

The firm’s fifty day moving average price is $11.77 and its 200 day moving average price is $9.89. The firm has a market capitalization of $122.51 million, a PE ratio of 33.57 and a beta of 2.09.

Institutional Investors Weigh In On Bitwise Crypto Industry Innovators ETF

An institutional investor recently bought a new position in Bitwise Crypto Industry Innovators ETF stock. Sunbelt Securities Inc. bought a new position in shares of Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 6,364 shares of the company’s stock, valued at approximately $84,000. Sunbelt Securities Inc. owned about 0.06% of Bitwise Crypto Industry Innovators ETF at the end of the most recent reporting period.

Bitwise Crypto Industry Innovators ETF Company Profile

The Bitwise Crypto Industry Innovators ETF (BITQ) is an exchange-traded fund that is based on the Bitwise Crypto Innovators 30 index. The fund is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy. BITQ was launched on May 11, 2021 and is managed by Bitwise.