ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH) Shares Up 0.6% – Still a Buy?

Shares of ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH) were up 0.6% on Friday . The stock traded as high as $74.10 and last traded at $74.10. Approximately 174 shares changed hands during trading, a decline of 94% from the average daily volume of 2,727 shares. The stock had previously closed at $73.66.

ProShares Bitcoin & Ether Market Cap Weight ETF Trading Up 0.6 %

The firm has a fifty day moving average of $68.08 and a two-hundred day moving average of $78.83.

Institutional Trading of ProShares Bitcoin & Ether Market Cap Weight ETF

An institutional investor recently raised its stake in ProShares Bitcoin & Ether Market Cap Weight ETF stock. Jane Street Group LLC boosted its position in shares of ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH) by 9.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,935 shares of the company’s stock after buying an additional 529 shares during the quarter. Jane Street Group LLC owned approximately 5.94% of ProShares Bitcoin & Ether Market Cap Weight ETF worth $509,000 as of its most recent filing with the Securities & Exchange Commission.

ProShares Bitcoin & Ether Market Cap Weight ETF Company Profile

The ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages a market cap-weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether.