First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Trading Down 0.2% – Here’s What Happened

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) shares traded down 0.2% during mid-day trading on Friday . The stock traded as low as $19.93 and last traded at $20.02. 120,929 shares were traded during trading, an increase of 14% from the average session volume of 106,335 shares. The stock had previously closed at $20.06.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Trading Down 0.2 %

The stock has a 50 day simple moving average of $19.42 and a 200 day simple moving average of $15.48. The firm has a market capitalization of $88.09 million, a PE ratio of 36.25 and a beta of 2.36.

Institutional Investors Weigh In On First Trust SkyBridge Crypto Industry and Digital Economy ETF

A number of large investors have recently added to or reduced their stakes in the company. Gradient Investments LLC increased its stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 25.8% during the fourth quarter. Gradient Investments LLC now owns 884,922 shares of the company’s stock valued at $14,778,000 after buying an additional 181,714 shares during the period. Jane Street Group LLC boosted its holdings in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 203.5% in the third quarter. Jane Street Group LLC now owns 62,012 shares of the company’s stock valued at $775,000 after acquiring an additional 41,581 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its position in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 29.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 16,197 shares of the company’s stock valued at $202,000 after purchasing an additional 3,721 shares during the period. Silver Oak Securities Incorporated bought a new position in First Trust SkyBridge Crypto Industry and Digital Economy ETF in the 3rd quarter worth $439,000. Finally, Paladin Wealth LLC purchased a new stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF in the 3rd quarter worth about $45,000.

About First Trust SkyBridge Crypto Industry and Digital Economy ETF

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.