Legacy Wealth Managment LLC ID reduced its position in ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) by 49.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 130,791 shares of the company’s stock after selling 130,260 shares during the period. Legacy Wealth Managment LLC ID’s holdings in ProShares Bitcoin ETF were worth $1,044,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Kelleher Financial Advisors purchased a new position in shares of ProShares Bitcoin ETF in the third quarter worth about $26,000. Barclays PLC lifted its stake in shares of ProShares Bitcoin ETF by 210,000.0% during the 4th quarter. Barclays PLC now owns 2,101 shares of the company’s stock valued at $26,000 after buying an additional 2,100 shares in the last quarter. Ramsey Quantitative Systems purchased a new stake in shares of ProShares Bitcoin ETF during the 1st quarter valued at approximately $37,000. Sunbelt Securities Inc. boosted its holdings in ProShares Bitcoin ETF by 432.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,128 shares of the company’s stock worth $42,000 after buying an additional 1,728 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in ProShares Bitcoin ETF by 422.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,100 shares of the company’s stock valued at $67,000 after buying an additional 2,507 shares in the last quarter.
ProShares Bitcoin ETF Price Performance
Shares of BITO stock opened at $11.01 on Friday. The company’s fifty day simple moving average is $9.04 and its two-hundred day simple moving average is $9.48. ProShares Bitcoin ETF has a 1 year low of $7.87 and a 1 year 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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