Simplex Trading LLC raised its stake in ProShares Bitcoin Strategy ETF (NYSEARCA:BITO – Free Report) by 770.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 596,737 shares of the company’s stock after buying an additional 528,205 shares during the quarter. Simplex Trading LLC’s holdings in ProShares Bitcoin Strategy ETF were worth $12,227,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new position in ProShares Bitcoin Strategy ETF in the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. acquired a new position in ProShares Bitcoin Strategy ETF in the 4th quarter valued at approximately $40,000. Larson Financial Group LLC increased its stake in ProShares Bitcoin Strategy ETF by 19.5% in the 4th 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 during the period. UMB Bank n.a. acquired a new position in ProShares Bitcoin Strategy ETF in the 4th quarter valued at approximately $74,000. Finally, Interchange Capital Partners LLC acquired a new position in ProShares Bitcoin Strategy ETF in the 4th quarter valued at approximately $132,000.
ProShares Bitcoin Strategy ETF Stock Down 1.8 %
ProShares Bitcoin Strategy ETF stock traded down $0.52 during trading hours on Friday, hitting $27.70. The company had a trading volume of 7,606,121 shares, compared to its average volume of 21,679,381. The firm’s fifty day moving average is $29.28 and its 200-day moving average is $22.89. ProShares Bitcoin Strategy ETF has a fifty-two week low of $12.79 and a fifty-two week high of $33.79.
ProShares Bitcoin Strategy 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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