ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) Trading Up 0.6% – Here’s What Happened

Shares of ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) were up 0.6% on Tuesday . The stock traded as high as $83.64 and last traded at $83.64. Approximately 2,626 shares changed hands during trading, an increase of 27% from the average daily volume of 2,074 shares. The stock had previously closed at $83.11.

ProShares Bitcoin & Ether Equal Weight ETF Price Performance

The company’s 50-day moving average is $83.20 and its 200-day moving average is $68.12.

Institutional Investors Weigh In On ProShares Bitcoin & Ether Equal Weight ETF

An institutional investor recently bought a new position in ProShares Bitcoin & Ether Equal Weight ETF stock. Jane Street Group LLC acquired a new position in ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,383 shares of the company’s stock, valued at approximately $295,000. Jane Street Group LLC owned 3.37% of ProShares Bitcoin & Ether Equal Weight ETF at the end of the most recent reporting period.

ProShares Bitcoin & Ether Equal Weight ETF Company Profile

The ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether.