12,054 Shares in ProShares Bitcoin ETF (NYSEARCA:BITO) Purchased by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC bought a new stake in ProShares Bitcoin ETF (NYSEARCA:BITO) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,054 shares of the company’s stock, valued at approximately $275,000.

Other institutional investors also recently made changes to their positions in the company. NBT Bank N A NY boosted its position in ProShares Bitcoin ETF by 1,090.0% during the 4th quarter. NBT Bank N A NY now owns 1,190 shares of the company’s stock valued at $27,000 after purchasing an additional 1,090 shares during the period. Bay Harbor Wealth Management LLC boosted its holdings in shares of ProShares Bitcoin ETF by 152.2% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 1,498 shares of the company’s stock valued at $34,000 after acquiring an additional 904 shares during the period. Heck Capital Advisors LLC bought a new position in shares of ProShares Bitcoin ETF during the fourth quarter worth about $49,000. Harbour Investments Inc. grew its position in shares of ProShares Bitcoin ETF by 18.8% during the fourth quarter. Harbour Investments Inc. now owns 2,944 shares of the company’s stock worth $67,000 after acquiring an additional 466 shares during the last quarter. Finally, Caitlin John LLC increased its holdings in shares of ProShares Bitcoin ETF by 35.7% in the 4th quarter. Caitlin John LLC now owns 3,114 shares of the company’s stock worth $71,000 after acquiring an additional 820 shares during the period.

ProShares Bitcoin ETF Price Performance

ProShares Bitcoin ETF stock opened at $18.31 on Monday. The firm has a 50-day moving average price of $20.69 and a two-hundred day moving average price of $21.80. ProShares Bitcoin ETF has a 52-week low of $16.11 and a 52-week high of $31.73.

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.