Fidelity Wise Origin Bitcoin Fund (NYSEARCA:FBTC) Stock Price Down 5.4%

Fidelity Wise Origin Bitcoin Fund (NYSEARCA:FBTCGet Free Report) traded down 5.4% on Monday . The stock traded as low as $54.53 and last traded at $55.36. 10,358,232 shares changed hands during trading, a decline of 13% from the average session volume of 11,845,697 shares. The stock had previously closed at $58.51.

Fidelity Wise Origin Bitcoin Fund Stock Performance

The business has a 50-day moving average of $54.70.

Hedge Funds Weigh In On Fidelity Wise Origin Bitcoin Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Fidelity Wise Origin Bitcoin Fund during the 1st quarter valued at $1,894,000. CRA Financial Services LLC purchased a new position in shares of Fidelity Wise Origin Bitcoin Fund during the 1st quarter valued at $365,000. Gibson Capital LLC purchased a new position in shares of Fidelity Wise Origin Bitcoin Fund during the 1st quarter valued at $293,000. Coston McIsaac & Partners purchased a new position in shares of Fidelity Wise Origin Bitcoin Fund during the 1st quarter valued at $223,000. Finally, MCF Advisors LLC purchased a new position in shares of Fidelity Wise Origin Bitcoin Fund during the 1st quarter valued at $147,000.

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