Realta Investment Advisors Buys 92,179 Shares of ProShares Bitcoin ETF (NYSEARCA:BITO)

Realta Investment Advisors lifted its holdings in ProShares Bitcoin ETF (NYSEARCA:BITO) by 898.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 102,439 shares of the company’s stock after buying an additional 92,179 shares during the period. ProShares Bitcoin ETF makes up approximately 1.0% of Realta Investment Advisors’ portfolio, making the stock its 21st biggest holding. Realta Investment Advisors’ holdings in ProShares Bitcoin ETF were worth $2,459,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BITO. Hexagon Capital Partners LLC lifted its stake in ProShares Bitcoin ETF by 1,200.0% in the third quarter. Hexagon Capital Partners LLC now owns 1,300 shares of the company’s stock valued at $25,000 after purchasing an additional 1,200 shares during the last quarter. LGT Financial Advisors LLC purchased a new position in ProShares Bitcoin ETF in the third quarter valued at approximately $28,000. Hantz Financial Services Inc. lifted its stake in ProShares Bitcoin ETF by 408.4% in the third quarter. Hantz Financial Services Inc. now owns 1,459 shares of the company’s stock valued at $28,000 after purchasing an additional 1,172 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in ProShares Bitcoin ETF in the third quarter valued at approximately $29,000. Finally, Cedar Mountain Advisors LLC lifted its stake in ProShares Bitcoin ETF by 57.8% in the third quarter. Cedar Mountain Advisors LLC now owns 1,769 shares of the company’s stock valued at $34,000 after purchasing an additional 648 shares during the last quarter.

ProShares Bitcoin ETF Stock Performance

NYSEARCA:BITO opened at $22.55 on Friday. The stock’s fifty day moving average price is $24.56 and its two-hundred day moving average price is $21.65. ProShares Bitcoin ETF has a 1 year low of $16.11 and a 1 year high of $33.79.

ProShares Bitcoin 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.