Cambridge Investment Research Advisors Inc. Buys 26,308 Shares of ProShares Bitcoin Strategy ETF (NYSEARCA:BITO)

Cambridge Investment Research Advisors Inc. lifted its stake in shares of ProShares Bitcoin Strategy ETF (NYSEARCA:BITOFree Report) by 60.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,622 shares of the company’s stock after purchasing an additional 26,308 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.10% of ProShares Bitcoin Strategy ETF worth $1,427,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BITO. ARK Investment Management LLC bought a new position in ProShares Bitcoin Strategy ETF in the 4th quarter valued at about $93,213,000. Simplex Trading LLC lifted its position in ProShares Bitcoin Strategy ETF by 770.7% in the 4th quarter. Simplex Trading LLC now owns 596,737 shares of the company’s stock valued at $12,227,000 after acquiring an additional 528,205 shares in the last quarter. Acorns Advisers LLC lifted its position in ProShares Bitcoin Strategy ETF by 10.0% in the 3rd quarter. Acorns Advisers LLC now owns 2,295,458 shares of the company’s stock valued at $31,700,000 after acquiring an additional 208,988 shares in the last quarter. Tower Research Capital LLC TRC bought a new position in ProShares Bitcoin Strategy ETF in the 3rd quarter valued at about $2,204,000. Finally, Total Investment Management Inc. lifted its position in ProShares Bitcoin Strategy ETF by 173.2% in the 4th quarter. Total Investment Management Inc. now owns 215,808 shares of the company’s stock valued at $4,422,000 after acquiring an additional 136,819 shares in the last quarter.

ProShares Bitcoin Strategy ETF Stock Down 1.2 %

Shares of NYSEARCA BITO opened at $26.64 on Friday. ProShares Bitcoin Strategy ETF has a fifty-two week low of $12.79 and a fifty-two week high of $33.79. The firm’s 50-day simple moving average is $27.60 and its 200 day simple moving average is $24.95.

ProShares Bitcoin Strategy ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for ProShares Bitcoin Strategy ETF (NYSEARCA:BITO)

Receive News & Ratings for ProShares Bitcoin Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Bitcoin Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.