ProShares Bitcoin Strategy ETF (NYSEARCA:BITO) Shares Sold by Signaturefd LLC

Signaturefd LLC decreased its stake in ProShares Bitcoin Strategy ETF (NYSEARCA:BITO) by 45.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,324 shares of the company’s stock after selling 3,587 shares during the quarter. Signaturefd LLC’s holdings in ProShares Bitcoin Strategy ETF were worth $97,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cedar Mountain Advisors LLC boosted its stake in shares of ProShares Bitcoin Strategy ETF by 112.7% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 1,121 shares of the company’s stock worth $25,000 after acquiring an additional 594 shares in the last quarter. Natixis purchased a new stake in shares of ProShares Bitcoin Strategy ETF in the first quarter valued at approximately $40,000. VitalStone Financial LLC increased its position in shares of ProShares Bitcoin Strategy ETF by 450.3% in the fourth quarter. VitalStone Financial LLC now owns 2,790 shares of the company’s stock valued at $57,000 after buying an additional 2,283 shares in the last quarter. ORG Partners LLC purchased a new position in shares of ProShares Bitcoin Strategy ETF during the 2nd quarter valued at approximately $87,000. Finally, First Horizon Advisors Inc. purchased a new position in shares of ProShares Bitcoin Strategy ETF during the 4th quarter valued at approximately $141,000.

ProShares Bitcoin Strategy ETF Price Performance

Shares of NYSEARCA BITO opened at $17.59 on Wednesday. ProShares Bitcoin Strategy ETF has a one year low of $12.79 and a one year high of $33.79. The firm has a fifty day moving average of $20.86 and a 200 day moving average of $25.35.

ProShares Bitcoin Strategy 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.