ProShares Bitcoin ETF (NYSEARCA:BITO) Shares Purchased by Vision Financial Markets LLC

Vision Financial Markets LLC grew its position in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) by 237.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 57,117 shares of the company’s stock after purchasing an additional 40,181 shares during the quarter. ProShares Bitcoin ETF accounts for 1.1% of Vision Financial Markets LLC’s portfolio, making the stock its 18th largest position. Vision Financial Markets LLC’s holdings in ProShares Bitcoin ETF were worth $1,046,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Acorns Advisers LLC boosted its stake in shares of ProShares Bitcoin ETF by 2.8% during the 4th quarter. Acorns Advisers LLC now owns 3,159,115 shares of the company’s stock worth $71,965,000 after acquiring an additional 87,345 shares in the last quarter. Faithward Advisors LLC increased its stake in ProShares Bitcoin ETF by 2.0% in the 4th quarter. Faithward Advisors LLC now owns 772,654 shares of the company’s stock worth $17,601,000 after purchasing an additional 15,457 shares in the last quarter. SIG North Trading ULC purchased a new stake in ProShares Bitcoin ETF during the fourth quarter valued at about $6,376,000. MFA Wealth Advisors LLC boosted its holdings in shares of ProShares Bitcoin ETF by 0.7% in the first quarter. MFA Wealth Advisors LLC now owns 203,927 shares of the company’s stock worth $3,736,000 after buying an additional 1,386 shares during the period. Finally, Quinn Opportunity Partners LLC purchased a new position in shares of ProShares Bitcoin ETF in the fourth quarter worth approximately $3,759,000.

ProShares Bitcoin ETF Stock Performance

BITO opened at $20.79 on Tuesday. ProShares Bitcoin ETF has a 12-month low of $16.11 and a 12-month high of $27.88. The stock has a fifty day moving average of $21.70 and a 200-day moving average of $21.07.

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.