Financial Engines Advisors L.L.C. Buys Shares of 13,954 ProShares Bitcoin ETF (NYSEARCA:BITO)

Financial Engines Advisors L.L.C. purchased a new position in ProShares Bitcoin ETF (NYSEARCA:BITO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,954 shares of the company’s stock, valued at approximately $318,000.

Several other hedge funds also recently made changes to their positions in BITO. JPMorgan Chase & Co. lifted its holdings in ProShares Bitcoin ETF by 2,930.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 25,179 shares of the company’s stock worth $483,000 after purchasing an additional 24,348 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of ProShares Bitcoin ETF by 4.0% in the fourth quarter. Brookstone Capital Management now owns 13,489 shares of the company’s stock worth $307,000 after buying an additional 517 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings 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 buying an additional 2,000 shares in the last quarter. Realta Investment Advisors boosted its position in shares of ProShares Bitcoin ETF by 898.4% in the fourth quarter. Realta Investment Advisors now owns 102,439 shares of the company’s stock valued at $2,459,000 after acquiring an additional 92,179 shares during the period. Finally, Proficio Capital Partners LLC grew its stake in ProShares Bitcoin ETF by 82.8% during the fourth quarter. Proficio Capital Partners LLC now owns 317,005 shares of the company’s stock valued at $7,221,000 after acquiring an additional 143,570 shares in the last quarter.

ProShares Bitcoin ETF Trading Up 0.6 %

NYSEARCA BITO opened at $19.38 on Friday. The company’s 50 day simple moving average is $21.53 and its two-hundred day simple moving average is $21.71. ProShares Bitcoin ETF has a 1 year low of $16.11 and a 1 year high of $32.75.

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.