PFG Investments LLC Has $612,000 Position in ProShares Bitcoin ETF (NYSEARCA:BITO)

PFG Investments LLC boosted its position in ProShares Bitcoin ETF (NYSEARCA:BITO) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,845 shares of the company’s stock after buying an additional 582 shares during the quarter. PFG Investments LLC’s holdings in ProShares Bitcoin ETF were worth $612,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Hexagon Capital Partners LLC lifted its position in shares of ProShares Bitcoin ETF by 1,200.0% in the third quarter. Hexagon Capital Partners LLC now owns 1,300 shares of the company’s stock worth $25,000 after purchasing an additional 1,200 shares in the last quarter. LGT Financial Advisors LLC acquired a new position in shares of ProShares Bitcoin ETF during the 3rd quarter worth about $28,000. Hantz Financial Services Inc. grew its holdings in shares of ProShares Bitcoin ETF by 408.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,459 shares of the company’s stock valued at $28,000 after acquiring an additional 1,172 shares in the last quarter. Venturi Wealth Management LLC acquired a new stake in shares of ProShares Bitcoin ETF in the third quarter valued at about $29,000. Finally, Cedar Mountain Advisors LLC raised its holdings in ProShares Bitcoin ETF by 57.8% during the third quarter. Cedar Mountain Advisors LLC now owns 1,769 shares of the company’s stock worth $34,000 after acquiring an additional 648 shares in the last quarter.

ProShares Bitcoin ETF Stock Performance

BITO stock opened at $25.31 on Thursday. ProShares Bitcoin ETF has a twelve month low of $16.11 and a twelve month high of $33.79. The business has a 50 day moving average price of $24.76 and a two-hundred day moving average price of $21.58.

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.