Shares of Valkyrie Bitcoin Fund (NASDAQ:BRRR - Get Free Report) traded up 3.5% during mid-day trading on Wednesday . The company traded as high as $28.11 and last traded at $28.04. 196,429 shares traded hands during trading, a decline of 47% from the average session volume of 370,296 shares. The stock had previously closed at $27.09.
Valkyrie Bitcoin Fund Stock Performance
The company has a 50 day moving average price of $21.87 and a 200 day moving average price of $19.19.
Institutional Trading of Valkyrie Bitcoin Fund
Institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC purchased a new position in shares of Valkyrie Bitcoin Fund in the second quarter valued at $603,000. Susquehanna International Group LLP grew its position in shares of Valkyrie Bitcoin Fund by 97.4% in the second quarter. Susquehanna International Group LLP now owns 379,739 shares of the company's stock valued at $6,452,000 after purchasing an additional 187,348 shares during the last quarter. RPO LLC acquired a new position in shares of Valkyrie Bitcoin Fund during the 3rd quarter worth approximately $974,000. Finally, Virtu Financial LLC grew its holdings in Valkyrie Bitcoin Fund by 337.6% during the 3rd quarter. Virtu Financial LLC now owns 87,220 shares of the company's stock valued at $1,568,000 after buying an additional 67,287 shares during the last quarter.
About Valkyrie Bitcoin Fund
(
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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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