Silver Oak Securities Incorporated boosted its holdings in ProShares Bitcoin Strategy ETF (NYSEARCA:BITO – Free Report) by 1,683.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 91,745 shares of the company’s stock after acquiring an additional 86,602 shares during the period. Silver Oak Securities Incorporated owned 0.13% of ProShares Bitcoin Strategy ETF worth $1,880,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new position in ProShares Bitcoin Strategy ETF in the fourth quarter valued at approximately $25,000. Valley National Advisers Inc. acquired a new position in ProShares Bitcoin Strategy ETF in the fourth quarter valued at approximately $40,000. Larson Financial Group LLC lifted its holdings in ProShares Bitcoin Strategy ETF by 19.5% in the fourth quarter. Larson Financial Group LLC now owns 3,230 shares of the company’s stock valued at $66,000 after acquiring an additional 527 shares during the last quarter. UMB Bank n.a. acquired a new position in ProShares Bitcoin Strategy ETF in the fourth quarter valued at approximately $74,000. Finally, Interchange Capital Partners LLC acquired a new position in ProShares Bitcoin Strategy ETF in the fourth quarter valued at approximately $132,000.
ProShares Bitcoin Strategy ETF Trading Down 1.8 %
BITO traded down $0.52 during trading hours on Friday, reaching $27.70. The company’s stock had a trading volume of 7,664,381 shares, compared to its average volume of 21,679,381. ProShares Bitcoin Strategy ETF has a fifty-two week low of $12.79 and a fifty-two week high of $33.79. The business’s 50-day moving average is $29.34 and its 200-day moving average is $23.04.
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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