IMC Chicago LLC bought a new stake in ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) during the second quarter, HoldingsChannel reports. The firm bought 1,281,050 shares of the company’s stock, valued at approximately $10,223,000.
Several other large investors have also modified their holdings of the stock. HighTower Advisors LLC increased its holdings in ProShares Bitcoin ETF by 1,197.5% in the fourth quarter. HighTower Advisors LLC now owns 396,126 shares of the company’s stock valued at $4,817,000 after buying an additional 365,596 shares during the last quarter. Group One Trading LLC lifted its holdings in ProShares Bitcoin ETF by 14.2% during the 1st quarter. Group One Trading LLC now owns 460,289 shares of the company’s stock worth $4,285,000 after buying an additional 57,065 shares during the last quarter. LFG Wealth Partners LLC bought a new position in ProShares Bitcoin ETF during the 1st quarter worth approximately $667,000. Fielder Capital Group LLC grew its position in shares of ProShares Bitcoin ETF by 22.5% in the 4th quarter. Fielder Capital Group LLC now owns 623,036 shares of the company’s stock worth $7,576,000 after acquiring an additional 114,561 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its position in shares of ProShares Bitcoin ETF by 37.4% in the 4th quarter. Concurrent Investment Advisors LLC now owns 24,249 shares of the company’s stock worth $295,000 after acquiring an additional 6,596 shares in the last quarter.
ProShares Bitcoin ETF Trading Down 3.1%
Shares of NYSEARCA BITO opened at $10.45 on Friday. ProShares Bitcoin ETF has a twelve month low of $7.87 and a twelve month high of $20.91. The business has a 50 day simple moving average of $8.86 and a 200-day simple moving average of $9.45.
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.
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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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