Fielder Capital Group LLC lifted its position in shares of ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) by 22.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 623,036 shares of the company’s stock after buying an additional 114,561 shares during the quarter. ProShares Bitcoin ETF accounts for about 1.6% of Fielder Capital Group LLC’s holdings, making the stock its 19th biggest position. Fielder Capital Group LLC’s holdings in ProShares Bitcoin ETF were worth $7,576,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kelleher Financial Advisors bought a new stake in shares of ProShares Bitcoin ETF during the third quarter worth about $26,000. Caitlin John LLC bought a new stake in shares of ProShares Bitcoin ETF during the third quarter worth about $29,000. Signature Resources Capital Management LLC bought a new stake in shares of ProShares Bitcoin ETF during the fourth quarter worth about $31,000. Sunbelt Securities Inc. grew its holdings in shares of ProShares Bitcoin ETF by 432.0% during the third quarter. Sunbelt Securities Inc. now owns 2,128 shares of the company’s stock worth $42,000 after purchasing an additional 1,728 shares during the last quarter. Finally, MAI Capital Management bought a new stake in shares of ProShares Bitcoin ETF during the third quarter worth about $54,000.
ProShares Bitcoin ETF Trading Down 2.8%
Shares of BITO stock opened at $9.74 on Tuesday. The business’s 50 day simple moving average is $10.22 and its 200 day simple moving average is $11.25. ProShares Bitcoin ETF has a one year low of $8.61 and a one year high of $23.49.
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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