Daymark Wealth Partners LLC Takes $201,000 Position in ProShares Bitcoin ETF $BITO

Daymark Wealth Partners LLC bought a new stake in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,362 shares of the company’s stock, valued at approximately $201,000.

A number of other large investors have also recently modified their holdings of BITO. Dagco Inc. bought a new stake in shares of ProShares Bitcoin ETF during the 1st quarter valued at about $29,000. Cedar Mountain Advisors LLC lifted its position in ProShares Bitcoin ETF by 43.7% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 1,801 shares of the company’s stock valued at $39,000 after acquiring an additional 548 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its position in ProShares Bitcoin ETF by 1,793.7% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,689 shares of the company’s stock valued at $49,000 after acquiring an additional 2,547 shares during the period. Headlands Technologies LLC lifted its position in ProShares Bitcoin ETF by 368.9% during the 1st quarter. Headlands Technologies LLC now owns 3,418 shares of the company’s stock valued at $63,000 after acquiring an additional 2,689 shares during the period. Finally, CWM LLC lifted its position in ProShares Bitcoin ETF by 30.0% during the 1st quarter. CWM LLC now owns 5,604 shares of the company’s stock valued at $103,000 after acquiring an additional 1,294 shares during the period.

ProShares Bitcoin ETF Price Performance

Shares of NYSEARCA BITO opened at $18.08 on Friday. ProShares Bitcoin ETF has a 1 year low of $16.48 and a 1 year high of $27.88. The firm has a 50-day moving average of $19.26 and a 200 day moving average of $20.63.

ProShares Bitcoin ETF 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.