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

LPL Financial LLC increased its holdings in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) by 171.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,790 shares of the company’s stock after purchasing an additional 26,375 shares during the period. LPL Financial LLC owned 0.79% of Invesco Galaxy Bitcoin ETF worth $3,436,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in BTCO. Cresset Asset Management LLC lifted its holdings in Invesco Galaxy Bitcoin ETF by 341.2% in the 4th quarter. Cresset Asset Management LLC now owns 485,360 shares of the company’s stock worth $45,289,000 after purchasing an additional 375,360 shares in the last quarter. IMC Chicago LLC lifted its holdings in Invesco Galaxy Bitcoin ETF by 522.2% in the 1st quarter. IMC Chicago LLC now owns 414,952 shares of the company’s stock worth $34,117,000 after purchasing an additional 348,257 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Invesco Galaxy Bitcoin ETF by 111.3% during the 4th quarter. Jane Street Group LLC now owns 164,043 shares of the company’s stock worth $15,307,000 after acquiring an additional 86,396 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of Invesco Galaxy Bitcoin ETF during the 4th quarter worth approximately $4,075,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Invesco Galaxy Bitcoin ETF during the 4th quarter worth approximately $2,093,000.

Invesco Galaxy Bitcoin ETF Stock Down 0.9%

Shares of BTCO opened at $116.70 on Friday. Invesco Galaxy Bitcoin ETF has a 1 year low of $53.23 and a 1 year high of $122.66. The business’s 50 day simple moving average is $112.48 and its 200-day simple moving average is $99.73.

Invesco Galaxy Bitcoin ETF 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.