Two Sigma Securities LLC trimmed its position in shares of ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) by 35.3% during the 2nd quarter, Holdings Channel reports. The firm owned 122,082 shares of the company’s stock after selling 66,666 shares during the period. Two Sigma Securities LLC’s holdings in ProShares Bitcoin ETF were worth $974,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Kelleher Financial Advisors bought a new position in ProShares Bitcoin ETF in the 3rd quarter worth $26,000. Barclays PLC raised its holdings in ProShares Bitcoin ETF by 210,000.0% during the fourth quarter. Barclays PLC now owns 2,101 shares of the company’s stock valued at $26,000 after acquiring an additional 2,100 shares during the period. Sunbelt Securities Inc. raised its holdings in ProShares Bitcoin ETF by 432.0% during the third quarter. Sunbelt Securities Inc. now owns 2,128 shares of the company’s stock valued at $42,000 after acquiring an additional 1,728 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of ProShares Bitcoin ETF by 422.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,100 shares of the company’s stock valued at $67,000 after acquiring an additional 2,507 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of ProShares Bitcoin ETF in the second quarter valued at about $67,000.
ProShares Bitcoin ETF Stock Up 1.7%
NYSEARCA BITO opened at $10.63 on Tuesday. The business has a 50-day moving average price of $8.89 and a 200-day moving average price of $9.46. ProShares Bitcoin ETF has a twelve month low of $7.87 and a twelve month high of $20.91.
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.
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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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