Wealth Enhancement Advisory Services LLC Acquires 1,642 Shares of ProShares Bitcoin ETF (NYSEARCA:BITO)

Wealth Enhancement Advisory Services LLC increased its holdings in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) by 7.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,365 shares of the company’s stock after acquiring an additional 1,642 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in ProShares Bitcoin ETF were worth $448,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cedar Mountain Advisors LLC increased its holdings in shares of ProShares Bitcoin ETF by 112.7% during the second quarter. Cedar Mountain Advisors LLC now owns 1,121 shares of the company’s stock worth $25,000 after purchasing an additional 594 shares during the period. Natixis bought a new position in ProShares Bitcoin ETF during the 1st quarter worth $40,000. Hexagon Capital Partners LLC raised its holdings in ProShares Bitcoin ETF by 1,200.0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 1,300 shares of the company’s stock valued at $25,000 after acquiring an additional 1,200 shares in the last quarter. Kings Path Partners LLC bought a new stake in shares of ProShares Bitcoin ETF during the 2nd quarter valued at $45,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of ProShares Bitcoin ETF during the 2nd quarter worth $57,000.

ProShares Bitcoin ETF Stock Performance

Shares of NYSEARCA BITO opened at $20.70 on Friday. The stock’s fifty day moving average is $18.63 and its 200 day moving average is $21.76. ProShares Bitcoin ETF has a 52 week low of $16.11 and a 52 week high of $33.79.

About ProShares Bitcoin 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.