HBK Sorce Advisory LLC boosted its stake in ProShares Bitcoin Strategy ETF (NYSEARCA:BITO – Get Rating) by 100.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 40,000 shares of the company’s stock after buying an additional 20,000 shares during the period. HBK Sorce Advisory LLC owned approximately 0.07% of ProShares Bitcoin Strategy ETF worth $41,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of ProShares Bitcoin Strategy ETF during the third quarter valued at $72,000. Captrust Financial Advisors lifted its position in shares of ProShares Bitcoin Strategy ETF by 644.0% during the second quarter. Captrust Financial Advisors now owns 8,824 shares of the company’s stock valued at $102,000 after purchasing an additional 7,638 shares in the last quarter. Sepio Capital LP bought a new position in shares of ProShares Bitcoin Strategy ETF during the fourth quarter valued at about $104,000. Acorn Financial Advisory Services Inc. ADV bought a new position in shares of ProShares Bitcoin Strategy ETF during the fourth quarter valued at about $113,000. Finally, CX Institutional raised its position in ProShares Bitcoin Strategy ETF by 1,228.7% in the third quarter. CX Institutional now owns 11,002 shares of the company’s stock worth $132,000 after acquiring an additional 10,174 shares during the period.
ProShares Bitcoin Strategy ETF Stock Up 0.5 %
Shares of BITO stock opened at $15.53 on Friday. ProShares Bitcoin Strategy ETF has a 52 week low of $9.48 and a 52 week high of $20.17. The firm’s 50-day simple moving average is $16.65 and its two-hundred day simple moving average is $13.76.
About ProShares Bitcoin Strategy 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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