ProShares Bitcoin ETF (NYSEARCA:BITO) Stock Position Lifted by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its stake in ProShares Bitcoin ETF (NYSEARCA:BITO) by 466.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 67,061 shares of the company’s stock after acquiring an additional 55,232 shares during the quarter. Tower Research Capital LLC TRC’s holdings in ProShares Bitcoin ETF were worth $1,528,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. NBT Bank N A NY increased its stake in shares of ProShares Bitcoin ETF by 1,090.0% in the fourth quarter. NBT Bank N A NY now owns 1,190 shares of the company’s stock worth $27,000 after acquiring an additional 1,090 shares during the last quarter. Concourse Financial Group Securities Inc. increased its position in ProShares Bitcoin ETF by 650.9% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 1,284 shares of the company’s stock worth $29,000 after purchasing an additional 1,113 shares during the last quarter. Bay Harbor Wealth Management LLC raised its stake in shares of ProShares Bitcoin ETF by 152.2% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 1,498 shares of the company’s stock worth $34,000 after purchasing an additional 904 shares in the last quarter. Natixis lifted its holdings in shares of ProShares Bitcoin ETF by 70.4% during the 4th quarter. Natixis now owns 2,088 shares of the company’s stock valued at $48,000 after buying an additional 863 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in shares of ProShares Bitcoin ETF in the 4th quarter valued at approximately $49,000.

ProShares Bitcoin ETF Stock Up 2.1 %

Shares of BITO opened at $20.34 on Thursday. The firm’s 50 day moving average price is $19.14 and its 200 day moving average price is $21.68. ProShares Bitcoin ETF has a twelve month low of $16.11 and a twelve month high of $28.97.

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.