Benjamin Edwards Inc. purchased a new position in ProShares Bitcoin Strategy ETF (NYSEARCA:BITO – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,811 shares of the company’s stock, valued at approximately $37,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Geneos Wealth Management Inc. bought a new stake in ProShares Bitcoin Strategy ETF during the fourth quarter worth $25,000. Valley National Advisers Inc. bought a new stake in shares of ProShares Bitcoin Strategy ETF during the 4th quarter worth $40,000. Larson Financial Group LLC boosted its stake in ProShares Bitcoin Strategy ETF by 19.5% in the fourth quarter. Larson Financial Group LLC now owns 3,230 shares of the company’s stock valued at $66,000 after buying an additional 527 shares in the last quarter. UMB Bank n.a. bought a new position in ProShares Bitcoin Strategy ETF in the fourth quarter valued at about $74,000. Finally, Headlands Technologies LLC acquired a new position in ProShares Bitcoin Strategy ETF during the third quarter worth about $99,000.
ProShares Bitcoin Strategy ETF Price Performance
BITO stock opened at $25.22 on Friday. The firm has a 50-day moving average price of $29.41 and a 200-day moving average price of $23.43. ProShares Bitcoin Strategy ETF has a 12 month low of $12.79 and a 12 month high of $33.79.
About ProShares Bitcoin Strategy 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.
See Also
- Five stocks we like better than ProShares Bitcoin Strategy ETF
- What is the Nikkei 225 index?
- MarketBeat Week in Review – 4/29 – 5/3
- Short Selling: How to Short a Stock
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
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 Strategy ETF (NYSEARCA:BITO – Free Report).
Receive News & Ratings for ProShares Bitcoin Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Bitcoin Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
