Garden State Investment Advisory Services LLC bought a new stake in ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 13,108 shares of the company’s stock, valued at approximately $252,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Cedar Mountain Advisors LLC boosted its holdings in shares of ProShares Bitcoin ETF by 112.7% during the second quarter. Cedar Mountain Advisors LLC now owns 1,121 shares of the company’s stock worth $25,000 after acquiring an additional 594 shares during the period. Hexagon Capital Partners LLC lifted its holdings in ProShares Bitcoin ETF by 1,200.0% during the 3rd 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 during the last quarter. LGT Financial Advisors LLC bought a new stake in ProShares Bitcoin ETF in the 3rd quarter valued at $28,000. Hantz Financial Services Inc. grew its holdings in 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 buying an additional 1,172 shares in the last quarter. Finally, Venturi Wealth Management LLC bought a new position in ProShares Bitcoin ETF during the 3rd quarter worth $29,000.
ProShares Bitcoin ETF Price Performance
Shares of ProShares Bitcoin ETF stock opened at $24.69 on Tuesday. ProShares Bitcoin ETF has a 52-week low of $16.11 and a 52-week high of $33.79. The firm has a 50-day moving average of $20.91 and a 200-day moving average of $21.59.
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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