Invesco Galaxy Bitcoin ETF $BTCO Holdings Cut by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC cut its stake in shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) by 34.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,633 shares of the company’s stock after selling 8,284 shares during the quarter. Arete Wealth Advisors LLC owned approximately 0.32% of Invesco Galaxy Bitcoin ETF worth $1,782,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in shares of Invesco Galaxy Bitcoin ETF in the 3rd quarter worth approximately $29,000. Tsfg LLC acquired a new stake in Invesco Galaxy Bitcoin ETF in the second quarter worth $34,000. Raymond James Financial Inc. acquired a new stake in Invesco Galaxy Bitcoin ETF in the second quarter worth $55,000. CWM LLC lifted its stake in Invesco Galaxy Bitcoin ETF by 169.2% in the third quarter. CWM LLC now owns 813 shares of the company’s stock valued at $93,000 after buying an additional 511 shares during the last quarter. Finally, North Capital Inc. bought a new stake in Invesco Galaxy Bitcoin ETF in the second quarter valued at $108,000.

Invesco Galaxy Bitcoin ETF Stock Performance

Invesco Galaxy Bitcoin ETF stock opened at $65.34 on Monday. The company has a 50-day simple moving average of $81.08 and a 200-day simple moving average of $96.88. Invesco Galaxy Bitcoin ETF has a one year low of $62.01 and a one year high of $125.96.

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.