Berger Financial Group Inc Takes $301,000 Position in NEOS Bitcoin High Income ETF $BTCI

Berger Financial Group Inc bought a new stake in NEOS Bitcoin High Income ETF (NYSEARCA:BTCI) in the second quarter, HoldingsChannel reports. The institutional investor bought 5,046 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BTCI. MADDEN SECURITIES Corp purchased a new position in NEOS Bitcoin High Income ETF in the first quarter valued at about $880,000. OLD Mission Capital LLC acquired a new position in NEOS Bitcoin High Income ETF during the first quarter worth $265,000. Finally, Banco BTG Pactual S.A. acquired a new stake in NEOS Bitcoin High Income ETF in the first quarter valued at $244,000.

NEOS Bitcoin High Income ETF Stock Up 1.4%

NYSEARCA:BTCI opened at $63.69 on Tuesday. NEOS Bitcoin High Income ETF has a 52-week low of $45.92 and a 52-week high of $68.36. The stock has a fifty day simple moving average of $60.89 and a 200-day simple moving average of $58.75.

NEOS Bitcoin High Income ETF Profile

The NEOS Bitcoin High Income ETF (BTCI) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a fund-of-funds that seeks high monthly income with the potential for appreciation by investing in ETPs with exposure to bitcoin while also utilizing call option strategies.