LFG Wealth Partners LLC acquired a new position in shares of ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 71,693 shares of the company’s stock, valued at approximately $667,000.
Several other hedge funds have also recently added to or reduced their stakes in the business. Cerity Partners LLC grew its holdings in ProShares Bitcoin ETF by 4.1% in the 2nd quarter. Cerity Partners LLC now owns 16,298 shares of the company’s stock valued at $351,000 after buying an additional 635 shares during the last quarter. Lido Advisors LLC increased its position in ProShares Bitcoin ETF by 8.9% in the 3rd quarter. Lido Advisors LLC now owns 10,673 shares of the company’s stock worth $210,000 after buying an additional 874 shares during the period. Bank of America Corp DE lifted its holdings in shares of ProShares Bitcoin ETF by 2.0% during the third quarter. Bank of America Corp DE now owns 52,200 shares of the company’s stock worth $1,027,000 after buying an additional 1,000 shares during the last quarter. Blair William & Co. IL lifted its holdings in shares of ProShares Bitcoin ETF by 10.9% during the third quarter. Blair William & Co. IL now owns 11,216 shares of the company’s stock worth $221,000 after buying an additional 1,104 shares during the last quarter. Finally, Kelleher Financial Advisors bought a new stake in shares of ProShares Bitcoin ETF in the third quarter valued at approximately $26,000.
ProShares Bitcoin ETF Stock Performance
Shares of ProShares Bitcoin ETF stock opened at $8.52 on Monday. The company’s fifty day simple moving average is $8.77 and its 200-day simple moving average is $9.80. ProShares Bitcoin ETF has a 1 year low of $7.87 and a 1 year high of $22.82.
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.
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