Group One Trading LLC boosted its holdings in ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) by 14.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 460,289 shares of the company’s stock after acquiring an additional 57,065 shares during the quarter. Group One Trading LLC owned 0.26% of ProShares Bitcoin ETF worth $4,285,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its stake in ProShares Bitcoin ETF by 120.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 6,761,837 shares of the company’s stock worth $82,224,000 after purchasing an additional 3,700,000 shares during the period. Acorns Advisers LLC grew its stake in shares of ProShares Bitcoin ETF by 37.1% in the 4th quarter. Acorns Advisers LLC now owns 6,274,599 shares of the company’s stock valued at $76,299,000 after purchasing an additional 1,698,373 shares during the period. Tidal Investments LLC grew its stake in shares of ProShares Bitcoin ETF by 139.3% in the 3rd quarter. Tidal Investments LLC now owns 912,135 shares of the company’s stock valued at $17,165,000 after purchasing an additional 530,987 shares during the period. Fielder Capital Group LLC raised its holdings in shares of ProShares Bitcoin ETF by 22.5% in the 4th quarter. Fielder Capital Group LLC now owns 623,036 shares of the company’s stock worth $7,576,000 after buying an additional 114,561 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of ProShares Bitcoin ETF by 1,197.5% in the 4th quarter. HighTower Advisors LLC now owns 396,126 shares of the company’s stock worth $4,817,000 after buying an additional 365,596 shares in the last quarter.
ProShares Bitcoin ETF Stock Performance
ProShares Bitcoin ETF stock opened at $8.95 on Thursday. ProShares Bitcoin ETF has a one year low of $7.87 and a one year high of $23.00. The business has a 50 day simple moving average of $9.05 and a 200 day simple moving average of $10.00.
About ProShares Bitcoin ETF
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.
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