United Capital Management of KS Inc. Boosts Stock Holdings in ProShares Bitcoin ETF (NYSEARCA:BITO)

United Capital Management of KS Inc. boosted its position in ProShares Bitcoin ETF (NYSEARCA:BITO) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,584 shares of the company’s stock after purchasing an additional 1,237 shares during the period. United Capital Management of KS Inc.’s holdings in ProShares Bitcoin ETF were worth $332,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Proficio Capital Partners LLC lifted its position in shares of ProShares Bitcoin ETF by 1,184.0% during the fourth quarter. Proficio Capital Partners LLC now owns 2,226,893 shares of the company’s stock worth $50,729,000 after acquiring an additional 2,053,458 shares in the last quarter. Whitebox Advisors LLC lifted its position in shares of ProShares Bitcoin ETF by 19.7% during the third quarter. Whitebox Advisors LLC now owns 697,042 shares of the company’s stock worth $13,376,000 after acquiring an additional 114,872 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of ProShares Bitcoin ETF during the third quarter worth $11,254,000. MFA Wealth Advisors LLC lifted its position in shares of ProShares Bitcoin ETF by 14.2% during the fourth quarter. MFA Wealth Advisors LLC now owns 202,541 shares of the company’s stock worth $4,614,000 after acquiring an additional 25,138 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its position in shares of ProShares Bitcoin ETF by 100.5% during the third quarter. IHT Wealth Management LLC now owns 196,782 shares of the company’s stock worth $3,619,000 after acquiring an additional 98,643 shares in the last quarter.

ProShares Bitcoin ETF Stock Performance

NYSEARCA:BITO opened at $18.87 on Friday. The stock’s fifty day moving average price is $22.34 and its two-hundred day moving average price is $21.67. ProShares Bitcoin ETF has a 1 year low of $16.11 and a 1 year high of $32.76.

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.