Caitlin John LLC Purchases 820 Shares of ProShares Bitcoin ETF (NYSEARCA:BITO)

Caitlin John LLC increased its position in ProShares Bitcoin ETF (NYSEARCA:BITO) by 35.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,114 shares of the company’s stock after acquiring an additional 820 shares during the period. Caitlin John LLC’s holdings in ProShares Bitcoin ETF were worth $71,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Hexagon Capital Partners LLC grew its stake in shares of ProShares Bitcoin ETF by 1,200.0% during the 3rd 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 period. LGT Financial Advisors LLC bought a new stake in ProShares Bitcoin ETF during the third quarter valued at approximately $28,000. Hantz Financial Services Inc. grew its position 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 valued at $28,000 after buying an additional 1,172 shares during the period. Venturi Wealth Management LLC purchased a new stake in ProShares Bitcoin ETF during the third quarter valued at approximately $29,000. Finally, Cedar Mountain Advisors LLC boosted its stake in shares of ProShares Bitcoin ETF by 57.8% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 1,769 shares of the company’s stock worth $34,000 after acquiring an additional 648 shares during the last quarter.

ProShares Bitcoin ETF Price Performance

Shares of BITO stock opened at $22.70 on Thursday. ProShares Bitcoin ETF has a 1 year low of $16.11 and a 1 year high of $33.79. The firm has a fifty day moving average price of $24.63 and a 200-day moving average price of $21.64.

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.