Ausdal Financial Partners Inc. Buys 21,350 Shares of ProShares Bitcoin ETF (NYSEARCA:BITO)

Ausdal Financial Partners Inc. grew its stake in ProShares Bitcoin ETF (NYSEARCA:BITO) by 92.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,488 shares of the company’s stock after acquiring an additional 21,350 shares during the period. Ausdal Financial Partners Inc.’s holdings in ProShares Bitcoin ETF were worth $1,013,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Geneos Wealth Management Inc. raised its position in ProShares Bitcoin ETF by 9.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 5,474 shares of the company’s stock worth $125,000 after purchasing an additional 464 shares during the last quarter. Harbour Investments Inc. raised its position in shares of ProShares Bitcoin ETF by 18.8% during the fourth quarter. Harbour Investments Inc. now owns 2,944 shares of the company’s stock worth $67,000 after acquiring an additional 466 shares during the last quarter. Brookstone Capital Management raised its position in shares of ProShares Bitcoin ETF by 4.0% during the fourth quarter. Brookstone Capital Management now owns 13,489 shares of the company’s stock worth $307,000 after acquiring an additional 517 shares during the last quarter. PFG Investments LLC lifted its stake in shares of ProShares Bitcoin ETF by 2.2% during the fourth quarter. PFG Investments LLC now owns 26,845 shares of the company’s stock valued at $612,000 after acquiring an additional 582 shares during the period. Finally, Caitlin John LLC boosted its holdings in ProShares Bitcoin ETF by 35.7% in the fourth quarter. Caitlin John LLC now owns 3,114 shares of the company’s stock valued at $71,000 after acquiring an additional 820 shares during the last quarter.

ProShares Bitcoin ETF Price Performance

Shares of NYSEARCA:BITO opened at $19.26 on Thursday. ProShares Bitcoin ETF has a 1-year low of $16.11 and a 1-year high of $32.76. The business has a 50-day moving average price of $21.63 and a two-hundred day moving average price of $21.73.

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.