13,108 Shares in ProShares Bitcoin ETF (NYSEARCA:BITO) Purchased by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC purchased a new position in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) during the third quarter, HoldingsChannel reports. The fund purchased 13,108 shares of the company’s stock, valued at approximately $252,000.

A number of other hedge funds have also bought and sold shares of the business. Encompass More Asset Management acquired a new stake in ProShares Bitcoin ETF during the third quarter worth about $427,000. Hantz Financial Services Inc. grew its stake in ProShares Bitcoin ETF by 408.4% during the third quarter. Hantz Financial Services Inc. now owns 1,459 shares of the company’s stock worth $28,000 after buying an additional 1,172 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in ProShares Bitcoin ETF by 10.3% during the third quarter. Kingsview Wealth Management LLC now owns 21,470 shares of the company’s stock worth $412,000 after buying an additional 2,000 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in ProShares Bitcoin ETF by 54.1% during the third quarter. Thrivent Financial for Lutherans now owns 14,829 shares of the company’s stock worth $285,000 after buying an additional 5,206 shares in the last quarter. Finally, Total Investment Management Inc. grew its stake in ProShares Bitcoin ETF by 118.4% during the third quarter. Total Investment Management Inc. now owns 150,982 shares of the company’s stock worth $2,897,000 after buying an additional 81,836 shares in the last quarter.

ProShares Bitcoin ETF Trading Down 1.7 %

Shares of ProShares Bitcoin ETF stock opened at $24.69 on Tuesday. The firm’s 50-day moving average price is $20.91 and its two-hundred day moving average price is $21.59. ProShares Bitcoin ETF has a 12-month low of $16.11 and a 12-month 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.