ProShares Bitcoin ETF (NYSEARCA:BITO) Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC boosted its position in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) by 29.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 78,383 shares of the company’s stock after buying an additional 17,746 shares during the quarter. Dynamic Advisor Solutions LLC owned 0.09% of ProShares Bitcoin ETF worth $1,786,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Hexagon Capital Partners LLC boosted its position in shares of ProShares Bitcoin ETF by 1,200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 1,300 shares of the company’s stock valued at $25,000 after purchasing an additional 1,200 shares in the last quarter. LGT Financial Advisors LLC acquired a new stake in ProShares Bitcoin ETF during the third quarter valued at approximately $28,000. Hantz Financial Services Inc. boosted its holdings in ProShares Bitcoin ETF by 408.4% during the third quarter. Hantz Financial Services Inc. now owns 1,459 shares of the company’s stock worth $28,000 after buying an additional 1,172 shares in the last quarter. Venturi Wealth Management LLC acquired a new position in ProShares Bitcoin ETF in the third quarter worth approximately $29,000. Finally, Cedar Mountain Advisors LLC increased its holdings in shares of ProShares Bitcoin ETF by 57.8% in the third quarter. Cedar Mountain Advisors LLC now owns 1,769 shares of the company’s stock valued at $34,000 after buying an additional 648 shares in the last quarter.

ProShares Bitcoin ETF Price Performance

BITO opened at $25.44 on Friday. The business has a fifty day simple moving average of $24.77 and a 200-day simple moving average of $21.50. ProShares Bitcoin ETF has a fifty-two week low of $16.11 and a fifty-two week high of $33.79.

About ProShares Bitcoin 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.