Xrp Etf (NASDAQ:XRPI) Stock Price Up 0.2% – Time to Buy?

Xrp Etf (NASDAQ:XRPI) traded up 0.2% on Monday . The stock traded as high as $5.50 and last traded at $5.46. 130,420 shares traded hands during trading, a decline of 54% from the average session volume of 283,750 shares. The stock had previously closed at $5.45.

Xrp Etf Stock Up 0.2%

The company has a fifty day moving average of $5.98 and a 200 day moving average of $7.20.

Xrp Etf Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, July 23rd. Stockholders of record on Wednesday, July 22nd were paid a dividend of $0.012 per share. The ex-dividend date was Wednesday, July 22nd.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Xrp Etf stock. Flow Traders U.S. LLC purchased a new position in Xrp Etf (NASDAQ:XRPI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 111,941 shares of the company’s stock, valued at approximately $1,934,000. Flow Traders U.S. LLC owned approximately 0.84% of Xrp Etf as of its most recent filing with the Securities and Exchange Commission.

Xrp Etf Company Profile

Volatility Shares Trust – XRP ETF is a multi-asset mutual fund launched by and managed by Volatility Shares LLC. The fund seeks to invest in various financial instruments like currency and fixed income instruments. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as futures and swaps to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary.