MFA Wealth Advisors LLC Reduces Stock Holdings in ProShares Bitcoin ETF (NYSEARCA:BITO)
by Renee Jackson · The Cerbat GemMFA Wealth Advisors LLC lessened its stake in shares of ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) by 0.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 177,403 shares of the company’s stock after selling 1,544 shares during the period. MFA Wealth Advisors LLC owned approximately 0.21% of ProShares Bitcoin ETF worth $3,404,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Cedar Mountain Advisors LLC raised its stake in shares of ProShares Bitcoin ETF by 112.7% in the second quarter. Cedar Mountain Advisors LLC now owns 1,121 shares of the company’s stock valued at $25,000 after acquiring an additional 594 shares during the period. Hexagon Capital Partners LLC raised its position in ProShares Bitcoin ETF by 1,200.0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 1,300 shares of the company’s stock worth $25,000 after purchasing an additional 1,200 shares during the period. Natixis purchased a new stake in ProShares Bitcoin ETF in the 1st quarter worth about $40,000. Kings Path Partners LLC purchased a new position in shares of ProShares Bitcoin ETF during the second quarter valued at approximately $45,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in shares of ProShares Bitcoin ETF during the second quarter valued at approximately $57,000.
ProShares Bitcoin ETF Trading Down 1.7 %
Shares of NYSEARCA BITO opened at $18.87 on Thursday. ProShares Bitcoin ETF has a fifty-two week low of $16.11 and a fifty-two week high of $33.79. The business’s 50 day moving average price is $18.60 and its 200-day moving average price is $22.49.
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.
Featured Articles
- Five stocks we like better than ProShares Bitcoin ETF
- Options Trading – Understanding Strike Price
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- What is Short Interest? How to Use It
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- Why Are These Companies Considered Blue Chips?
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Want to see what other hedge funds are holding BITO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report).