Ashton Thomas Private Wealth LLC Invests $57,000 in ProShares Bitcoin Strategy ETF (NYSEARCA:BITO)

Ashton Thomas Private Wealth LLC acquired a new position in ProShares Bitcoin Strategy ETF (NYSEARCA:BITO) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,515 shares of the company’s stock, valued at approximately $57,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC grew its stake in ProShares Bitcoin Strategy ETF by 112.7% in the second quarter. Cedar Mountain Advisors LLC now owns 1,121 shares of the company’s stock valued at $25,000 after purchasing an additional 594 shares in the last quarter. Natixis acquired a new stake in shares of ProShares Bitcoin Strategy ETF in the first quarter worth about $40,000. Kings Path Partners LLC bought a new stake in shares of ProShares Bitcoin Strategy ETF during the 2nd quarter worth about $45,000. VitalStone Financial LLC increased its holdings in shares of ProShares Bitcoin Strategy ETF by 450.3% during the 4th quarter. VitalStone Financial LLC now owns 2,790 shares of the company’s stock valued at $57,000 after acquiring an additional 2,283 shares during the last quarter. Finally, ORG Partners LLC bought a new position in shares of ProShares Bitcoin Strategy ETF in the 2nd quarter valued at approximately $87,000.

ProShares Bitcoin Strategy ETF Trading Up 2.4 %

Shares of BITO stock opened at $18.12 on Monday. The business’s 50 day moving average is $20.03 and its two-hundred day moving average is $24.85. ProShares Bitcoin Strategy ETF has a 12 month low of $13.37 and a 12 month high of $33.79.

About ProShares Bitcoin Strategy ETF

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.