Venturi Wealth Management LLC acquired a new stake in ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 1,500 shares of the company’s stock, valued at approximately $29,000.
Several other large investors also recently modified their holdings of BITO. Jane Street Group LLC lifted its holdings in ProShares Bitcoin ETF by 170.8% during the 1st quarter. Jane Street Group LLC now owns 19,154,637 shares of the company’s stock worth $618,695,000 after purchasing an additional 12,081,007 shares during the last quarter. Sylebra Capital LLC acquired a new stake in shares of ProShares Bitcoin ETF during the first quarter worth $24,996,000. Whitebox Advisors LLC lifted its holdings in shares of ProShares Bitcoin ETF by 8.2% during the second quarter. Whitebox Advisors LLC now owns 582,170 shares of the company’s stock worth $13,105,000 after buying an additional 44,170 shares in the last quarter. United Capital Management of KS Inc. boosted its position in shares of ProShares Bitcoin ETF by 2.8% in the second quarter. United Capital Management of KS Inc. now owns 420,885 shares of the company’s stock valued at $9,474,000 after acquiring an additional 11,340 shares during the period. Finally, K2 Principal Fund L.P. acquired a new position in shares of ProShares Bitcoin ETF in the first quarter valued at about $4,203,000.
ProShares Bitcoin ETF Trading Up 4.6 %
Shares of ProShares Bitcoin ETF stock opened at $24.66 on Friday. ProShares Bitcoin ETF has a twelve month low of $16.11 and a twelve month high of $33.79. The company has a 50-day simple moving average of $19.29 and a two-hundred day simple moving average of $21.62.
ProShares Bitcoin ETF Company 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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Want to see what other hedge funds are holding BITO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report).
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