IMC Chicago LLC Acquires Shares of 1,281,050 ProShares Bitcoin ETF $BITO

IMC Chicago LLC bought a new stake in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,281,050 shares of the company’s stock, valued at approximately $10,223,000. IMC Chicago LLC owned approximately 0.78% of ProShares Bitcoin ETF at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Goldman Sachs Group Inc. lifted its stake in shares of ProShares Bitcoin ETF by 120.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,761,837 shares of the company’s stock worth $82,224,000 after acquiring an additional 3,700,000 shares in the last quarter. Acorns Advisers LLC boosted its holdings in ProShares Bitcoin ETF by 37.1% in the fourth quarter. Acorns Advisers LLC now owns 6,274,599 shares of the company’s stock valued at $76,299,000 after purchasing an additional 1,698,373 shares during the last quarter. Tidal Investments LLC grew its stake in ProShares Bitcoin ETF by 139.3% during the 3rd quarter. Tidal Investments LLC now owns 912,135 shares of the company’s stock valued at $17,165,000 after purchasing an additional 530,987 shares in the last quarter. Group One Trading LLC acquired a new stake in ProShares Bitcoin ETF during the 4th quarter valued at approximately $4,903,000. Finally, HighTower Advisors LLC increased its holdings in ProShares Bitcoin ETF by 1,197.5% during the 4th quarter. HighTower Advisors LLC now owns 396,126 shares of the company’s stock worth $4,817,000 after purchasing an additional 365,596 shares during the last quarter.

ProShares Bitcoin ETF Stock Performance

BITO stock opened at $10.45 on Friday. The stock’s 50 day moving average is $8.86 and its two-hundred day moving average is $9.45. ProShares Bitcoin ETF has a 52-week low of $7.87 and a 52-week high of $20.91.

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.