IHT Wealth Management LLC Has $3.62 Million Stock Position in ProShares Bitcoin ETF (NYSEARCA:BITO)

IHT Wealth Management LLC lifted its holdings in ProShares Bitcoin ETF (NYSEARCA:BITO) by 100.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 196,782 shares of the company’s stock after purchasing an additional 98,643 shares during the period. IHT Wealth Management LLC owned 0.24% of ProShares Bitcoin ETF worth $3,619,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its holdings in shares of ProShares Bitcoin ETF by 20.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 18,490 shares of the company’s stock worth $355,000 after buying an additional 3,121 shares during the period. Garden State Investment Advisory Services LLC bought a new stake in ProShares Bitcoin ETF during the third quarter valued at about $252,000. Encompass More Asset Management acquired a new stake in shares of ProShares Bitcoin ETF in the third quarter valued at about $427,000. Hantz Financial Services Inc. grew its position in shares of ProShares Bitcoin ETF by 408.4% in the third quarter. Hantz Financial Services Inc. now owns 1,459 shares of the company’s stock valued at $28,000 after purchasing an additional 1,172 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in shares of ProShares Bitcoin ETF by 10.3% in the third quarter. Kingsview Wealth Management LLC now owns 21,470 shares of the company’s stock worth $412,000 after purchasing an additional 2,000 shares during the period.

ProShares Bitcoin ETF Stock Performance

Shares of NYSEARCA:BITO opened at $24.67 on Wednesday. The business has a 50 day moving average price of $21.02 and a 200 day moving average price of $21.57. ProShares Bitcoin ETF has a twelve month low of $16.11 and a twelve month 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.