Global X Blockchain ETF (NASDAQ:BKCH) Stock Price Up 0.2% – What’s Next?

Global X Blockchain ETF (NASDAQ:BKCH) rose 0.2% during trading on Tuesday . The stock traded as high as $69.49 and last traded at $68.19. 33,026 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 104,125 shares. The stock had previously closed at $68.05.

Global X Blockchain ETF Stock Performance

The stock has a 50-day moving average price of $75.84 and a two-hundred day moving average price of $72.22. The stock has a market capitalization of $202.71 million, a PE ratio of 14.28 and a beta of 3.60.

Hedge Funds Weigh In On Global X Blockchain ETF

Large investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd bought a new position in shares of Global X Blockchain ETF in the third quarter worth approximately $28,000. Raymond James Financial Inc. purchased a new position in shares of Global X Blockchain ETF during the 2nd quarter valued at $25,000. Glenmede Investment Management LP bought a new position in Global X Blockchain ETF in the 3rd quarter worth $65,000. Arax Advisory Partners bought a new position in Global X Blockchain ETF in the 4th quarter worth $57,000. Finally, Sankala Group LLC bought a new position in Global X Blockchain ETF in the 4th quarter worth $64,000.

Global X Blockchain ETF Company Profile

The Global X Blockchain ETF (BKCH) is an exchange-traded fund that is based on the Solactive Blockchain index, a market-cap-weighted index of global companies involved in blockchain technologies. BKCH was launched on Jul 12, 2021 and is managed by Global X.