1,281,050 Shares in ProShares Bitcoin ETF $BITO Purchased by IMC Chicago LLC

IMC Chicago LLC bought a new stake in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,281,050 shares of the company’s stock, valued at approximately $10,223,000. IMC Chicago LLC owned about 0.78% of ProShares Bitcoin ETF at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cerity Partners LLC increased its stake in shares of ProShares Bitcoin ETF by 4.1% in the 2nd quarter. Cerity Partners LLC now owns 16,298 shares of the company’s stock worth $351,000 after purchasing an additional 635 shares in the last quarter. Lido Advisors LLC lifted its holdings in ProShares Bitcoin ETF by 8.9% in the 3rd quarter. Lido Advisors LLC now owns 10,673 shares of the company’s stock worth $210,000 after purchasing an additional 874 shares in the last quarter. Bank of America Corp DE boosted its position in shares of ProShares Bitcoin ETF by 2.0% during the third quarter. Bank of America Corp DE now owns 52,200 shares of the company’s stock worth $1,027,000 after acquiring an additional 1,000 shares during the last quarter. Blair William & Co. IL grew its position in shares of ProShares Bitcoin ETF by 10.9% during the third quarter. Blair William & Co. IL now owns 11,216 shares of the company’s stock valued at $221,000 after purchasing an additional 1,104 shares in the last quarter. Finally, Kelleher Financial Advisors bought a new stake in ProShares Bitcoin ETF in the 3rd quarter worth approximately $26,000.

ProShares Bitcoin ETF Stock Performance

Shares of NYSEARCA BITO opened at $8.50 on Monday. ProShares Bitcoin ETF has a 12-month low of $7.87 and a 12-month high of $21.48. The firm’s 50-day moving average price is $8.59 and its 200-day moving average price is $9.50.

About ProShares Bitcoin 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.