First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Shares Down 0.2% – Time to Sell?

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT)’s stock price was down 0.2% during mid-day trading on Friday . The stock traded as low as $19.93 and last traded at $20.02. Approximately 120,929 shares traded hands during mid-day trading, an increase of 14% from the average daily 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 company has a market cap of $88.09 million, a PE ratio of 36.25 and a beta of 2.36. The stock has a 50 day moving average price of $19.42 and a 200 day moving average price of $15.48.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Jane Street Group LLC increased its holdings in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 203.5% during 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. Cetera Investment Advisers increased its stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 22.8% during the 2nd quarter. Cetera Investment Advisers now owns 115,194 shares of the company’s stock valued at $1,544,000 after purchasing an additional 21,417 shares in the last quarter. Paladin Wealth LLC purchased a new position in First Trust SkyBridge Crypto Industry and Digital Economy ETF in the third quarter worth about $45,000. Mattson Financial Services LLC bought a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF in the second quarter worth approximately $1,508,000. Finally, Brown Financial Advisors purchased a new stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the second quarter valued at approximately $136,000.

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.