Canary XRP ETF $XRPC Shares Sold by Gallacher Capital Management LLC

Gallacher Capital Management LLC cut its stake in Canary XRP ETF (NASDAQ:XRPC) by 34.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,874 shares of the company’s stock after selling 44,907 shares during the period. Gallacher Capital Management LLC owned about 0.47% of Canary XRP ETF worth $1,242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of XRPC. Larson Financial Group LLC purchased a new stake in Canary XRP ETF during the 4th quarter worth about $31,000. PNC Financial Services Group Inc. purchased a new position in shares of Canary XRP ETF in the 4th quarter valued at about $41,000. Main Street Group LTD acquired a new position in shares of Canary XRP ETF during the first quarter worth about $53,000. Quaker Wealth Management LLC acquired a new position in shares of Canary XRP ETF during the fourth quarter worth about $88,000. Finally, Bogart Wealth LLC purchased a new stake in shares of Canary XRP ETF during the first quarter worth approximately $98,000.

Canary XRP ETF Stock Performance

Shares of NASDAQ:XRPC opened at $11.63 on Friday. Canary XRP ETF has a fifty-two week low of $10.75 and a fifty-two week high of $26.89. The company has a 50 day moving average price of $12.87.

Canary XRP ETF (NASDAQ: XRPC) is an exchange-traded fund listed on the Nasdaq that provides investors with a vehicle for gaining market exposure to XRP, the digital token associated with the Ripple network. As an ETF, XRPC is structured to trade like a stock on an exchange while offering investors exposure to the price movements of the underlying digital asset without requiring direct custody of cryptocurrencies.

The fund’s primary activity is offering exposure to XRP-related returns through holdings and instruments tied to the token.