First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $16.24 and traded as high as $21.88. First Trust SkyBridge Crypto Industry and Digital Economy ETF shares last traded at $21.78, with a volume of 66,329 shares.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Trading Up 5.6 %

The stock has a 50 day simple moving average of $16.24 and a 200-day simple moving average of $14.00. The firm has a market cap of $95.83 million, a P/E ratio of 36.25 and a beta of 2.36.

Institutional Trading of First Trust SkyBridge Crypto Industry and Digital Economy ETF

A number of large investors have recently added to or reduced their stakes in CRPT. Paladin Wealth LLC bought a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 3rd quarter valued at approximately $45,000. Brown Financial Advisors bought a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 2nd quarter valued at approximately $136,000. Ashton Thomas Private Wealth LLC increased its position in shares of 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 last quarter. Harbour Investments Inc. increased its position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 131.6% during the 2nd quarter. Harbour Investments Inc. now owns 15,968 shares of the company’s stock valued at $214,000 after purchasing an additional 9,073 shares during the last quarter. Finally, Silver Oak Securities Incorporated bought a new position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 3rd quarter valued at approximately $439,000.

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.