ORG Partners LLC Grows Stock Position in ProShares Bitcoin ETF $BITO

ORG Partners LLC grew its position in ProShares Bitcoin ETF (NYSEARCA:BITO) by 904.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,886 shares of the company’s stock after acquiring an additional 16,106 shares during the quarter. ORG Partners LLC’s holdings in ProShares Bitcoin ETF were worth $363,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dagco Inc. purchased a new position in ProShares Bitcoin ETF during the first quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of ProShares Bitcoin ETF by 1,793.7% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,689 shares of the company’s stock valued at $49,000 after buying an additional 2,547 shares in the last quarter. Headlands Technologies LLC grew its stake in shares of ProShares Bitcoin ETF by 368.9% in the first quarter. Headlands Technologies LLC now owns 3,418 shares of the company’s stock valued at $63,000 after buying an additional 2,689 shares in the last quarter. CWM LLC grew its stake in shares of ProShares Bitcoin ETF by 30.0% in the first quarter. CWM LLC now owns 5,604 shares of the company’s stock valued at $103,000 after buying an additional 1,294 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of ProShares Bitcoin ETF by 10.3% in the first quarter. Geneos Wealth Management Inc. now owns 6,039 shares of the company’s stock valued at $111,000 after buying an additional 565 shares in the last quarter.

ProShares Bitcoin ETF Stock Down 0.3%

Shares of NYSEARCA BITO opened at $18.74 on Friday. ProShares Bitcoin ETF has a twelve month low of $16.48 and a twelve month high of $27.88. The stock has a fifty day simple moving average of $20.60 and a 200-day simple moving average of $20.53.

ProShares Bitcoin ETF 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.