NEOS Bitcoin High Income ETF (NYSEARCA:BTCI) Sees Unusually-High Trading Volume – Time to Buy?

by · The Cerbat Gem

Shares of NEOS Bitcoin High Income ETF (NYSEARCA:BTCI – Get Free Report) saw unusually-high trading volume on Monday . Approximately 302,224 shares were traded during trading, a decline of 3% from the previous session’s volume of 312,428 shares.The stock last traded at $43.94 and had previously closed at $46.19.

NEOS Bitcoin High Income ETF Stock Down 6.0%

The company’s fifty day moving average is $55.06 and its two-hundred day moving average is $58.94.

Institutional Investors Weigh In On NEOS Bitcoin High Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BTCI. Steward Partners Investment Advisory LLC bought a new position in NEOS Bitcoin High Income ETF during the second quarter worth about $34,000. AE Wealth Management LLC bought a new position in NEOS Bitcoin High Income ETF during the 3rd quarter worth approximately $35,000. CWM LLC grew its holdings in NEOS Bitcoin High Income ETF by 224.4% during the third quarter. CWM LLC now owns 1,223 shares of the company’s stock valued at $73,000 after purchasing an additional 846 shares during the period. Allworth Financial LP bought a new stake in NEOS Bitcoin High Income ETF in the second quarter valued at approximately $78,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in NEOS Bitcoin High Income ETF in the third quarter valued at approximately $103,000.

NEOS Bitcoin High Income ETF Company Profile

(Get Free Report)

The NEOS Bitcoin High Income ETF (BTCI) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a fund-of-funds that seeks high monthly income with the potential for appreciation by investing in ETPs with exposure to bitcoin while also utilizing call option strategies.

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