Perigon Wealth Management LLC Decreases Stock Position in ProShares Bitcoin ETF (NYSEARCA:BITO)

Perigon Wealth Management LLC lowered its position in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) by 9.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,184 shares of the company’s stock after selling 4,025 shares during the period. Perigon Wealth Management LLC’s holdings in ProShares Bitcoin ETF were worth $908,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in ProShares Bitcoin ETF by 2,930.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 25,179 shares of the company’s stock worth $483,000 after buying an additional 24,348 shares during the period. Brookstone Capital Management increased its position in shares of ProShares Bitcoin ETF by 4.0% during the fourth quarter. Brookstone Capital Management now owns 13,489 shares of the company’s stock worth $307,000 after acquiring an additional 517 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of ProShares Bitcoin ETF by 10.3% in the third quarter. Kingsview Wealth Management LLC now owns 21,470 shares of the company’s stock worth $412,000 after acquiring an additional 2,000 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in ProShares Bitcoin ETF by 7.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,365 shares of the company’s stock valued at $448,000 after purchasing an additional 1,642 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in ProShares Bitcoin ETF by 54.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 14,829 shares of the company’s stock valued at $285,000 after purchasing an additional 5,206 shares in the last quarter.

ProShares Bitcoin ETF Stock Up 0.6 %

Shares of BITO opened at $25.46 on Friday. ProShares Bitcoin ETF has a 52-week low of $16.11 and a 52-week high of $33.79. The business’s 50 day moving average is $24.76 and its two-hundred day moving average is $21.61.

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.