Faithward Advisors LLC cut its stake in ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) by 62.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 237,118 shares of the company’s stock after selling 394,287 shares during the period. Faithward Advisors LLC owned 0.11% of ProShares Bitcoin ETF worth $2,883,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of BITO. Kelleher Financial Advisors purchased a new stake in ProShares Bitcoin ETF in the third quarter worth about $26,000. Barclays PLC lifted its holdings in ProShares Bitcoin ETF by 210,000.0% in the fourth quarter. Barclays PLC now owns 2,101 shares of the company’s stock worth $26,000 after buying an additional 2,100 shares during the period. Caitlin John LLC purchased a new stake in ProShares Bitcoin ETF in the third quarter worth about $29,000. Signature Resources Capital Management LLC purchased a new stake in ProShares Bitcoin ETF in the fourth quarter worth about $31,000. Finally, Sunbelt Securities Inc. lifted its holdings in ProShares Bitcoin ETF by 432.0% in the third quarter. Sunbelt Securities Inc. now owns 2,128 shares of the company’s stock worth $42,000 after buying an additional 1,728 shares during the period.
ProShares Bitcoin ETF Stock Performance
Shares of BITO opened at $9.05 on Tuesday. ProShares Bitcoin ETF has a one year low of $8.05 and a one year high of $23.49. The company has a 50-day simple moving average of $10.07 and a two-hundred day simple moving average of $10.85.
ProShares Bitcoin ETF Profile
The ProShares Bitcoin Strategy ETF (BITO) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund actively manages a portfolio of front-month CME bitcoin futures. BITO was launched on Oct 18, 2021 and is managed by ProShares.
Featured Stories
- Five stocks we like better than ProShares Bitcoin ETF
- Can D-Wave Hold Its Own Against 2 Fast-Growing Rivals?
- 3 AI Stocks With Moats That Could Outlast Summer Volatility
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
Receive News & Ratings for ProShares Bitcoin ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Bitcoin ETF and related companies with MarketBeat.com's FREE daily email newsletter.
