Blair William & Co. IL Acquires 4,987 Shares of ProShares Bitcoin ETF (NYSEARCA:BITO)

Blair William & Co. IL increased its holdings in ProShares Bitcoin ETF (NYSEARCA:BITO) by 133.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 8,733 shares of the company’s stock after acquiring an additional 4,987 shares during the period. Blair William & Co. IL’s holdings in ProShares Bitcoin ETF were worth $199,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in BITO. Thrivent Financial for Lutherans lifted its position in shares of ProShares Bitcoin ETF by 54.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 14,829 shares of the company’s stock worth $285,000 after purchasing an additional 5,206 shares during the period. Integrated Wealth Concepts LLC raised its stake in ProShares Bitcoin ETF by 20.3% in the third quarter. Integrated Wealth Concepts LLC now owns 18,490 shares of the company’s stock worth $355,000 after buying an additional 3,121 shares in the last quarter. Orion Portfolio Solutions LLC raised its stake in ProShares Bitcoin ETF by 29.6% in the third quarter. Orion Portfolio Solutions LLC now owns 26,564 shares of the company’s stock worth $510,000 after buying an additional 6,066 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in ProShares Bitcoin ETF in the third quarter worth about $11,254,000. Finally, MML Investors Services LLC boosted its position in ProShares Bitcoin ETF by 28.1% during the 3rd quarter. MML Investors Services LLC now owns 93,050 shares of the company’s stock valued at $1,786,000 after acquiring an additional 20,386 shares in the last quarter.

ProShares Bitcoin ETF Price Performance

Shares of NYSEARCA:BITO opened at $18.31 on Friday. The stock has a 50 day moving average price of $20.69 and a 200-day moving average price of $21.77. 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.