Renaissance Technologies LLC Makes New Investment in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO)

Renaissance Technologies LLC purchased a new stake in shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,000 shares of the company’s stock, valued at approximately $1,026,000. Renaissance Technologies LLC owned 0.16% of Invesco Galaxy Bitcoin ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Synergy Investment Management LLC purchased a new position in shares of Invesco Galaxy Bitcoin ETF in the 4th quarter valued at $28,000. AdvisorNet Financial Inc grew its stake in Invesco Galaxy Bitcoin ETF by 32.8% in the fourth quarter. AdvisorNet Financial Inc now owns 1,540 shares of the company’s stock valued at $144,000 after purchasing an additional 380 shares during the last quarter. Brookstone Capital Management grew its stake in Invesco Galaxy Bitcoin ETF by 23.8% in the fourth quarter. Brookstone Capital Management now owns 8,059 shares of the company’s stock valued at $752,000 after purchasing an additional 1,547 shares during the last quarter. Arete Wealth Advisors LLC raised its holdings in Invesco Galaxy Bitcoin ETF by 8.8% in the fourth quarter. Arete Wealth Advisors LLC now owns 26,319 shares of the company’s stock worth $2,469,000 after purchasing an additional 2,138 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of Invesco Galaxy Bitcoin ETF during the fourth quarter valued at about $221,000.

Invesco Galaxy Bitcoin ETF Stock Performance

Shares of BTCO opened at $94.01 on Thursday. The company has a 50 day moving average of $85.56 and a two-hundred day moving average of $89.49. Invesco Galaxy Bitcoin ETF has a twelve month low of $49.51 and a twelve month high of $108.26.

About Invesco Galaxy Bitcoin ETF

The Invesco Galaxy Bitcoin ETF (BTCO) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. BTCO was launched on Jan 11, 2024 and is issued by Invesco.