LPL Financial LLC Increases Stock Holdings in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO)

LPL Financial LLC raised its holdings in shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) by 171.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,790 shares of the company’s stock after purchasing an additional 26,375 shares during the quarter. LPL Financial LLC’s holdings in Invesco Galaxy Bitcoin ETF were worth $3,436,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Fermata Advisors LLC grew its stake in Invesco Galaxy Bitcoin ETF by 9.3% during the 1st quarter. Fermata Advisors LLC now owns 3,218 shares of the company’s stock valued at $265,000 after purchasing an additional 275 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Invesco Galaxy Bitcoin ETF by 1.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 16,387 shares of the company’s stock valued at $1,347,000 after purchasing an additional 296 shares in the last quarter. CWM LLC grew its position in shares of Invesco Galaxy Bitcoin ETF by 15,000.0% in the 1st quarter. CWM LLC now owns 302 shares of the company’s stock worth $25,000 after acquiring an additional 300 shares in the last quarter. AdvisorNet Financial Inc grew its position in shares of Invesco Galaxy Bitcoin ETF by 20.1% in the 1st quarter. AdvisorNet Financial Inc now owns 1,850 shares of the company’s stock worth $152,000 after acquiring an additional 310 shares in the last quarter. Finally, Fortis Group Advisors LLC grew its position in shares of Invesco Galaxy Bitcoin ETF by 20.9% in the 1st quarter. Fortis Group Advisors LLC now owns 10,147 shares of the company’s stock worth $834,000 after acquiring an additional 1,754 shares in the last quarter.

Invesco Galaxy Bitcoin ETF Trading Down 0.9%

Shares of BTCO opened at $116.70 on Friday. The stock has a 50 day moving average of $112.48 and a 200-day moving average of $99.73. Invesco Galaxy Bitcoin ETF has a 52 week low of $53.23 and a 52 week high of $122.66.

Invesco Galaxy Bitcoin ETF Company Profile

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.