Legacy Wealth Managment LLC ID Sells 130,260 Shares of ProShares Bitcoin ETF $BITO

Legacy Wealth Managment LLC ID lowered its stake in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) by 49.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 130,791 shares of the company’s stock after selling 130,260 shares during the quarter. Legacy Wealth Managment LLC ID owned 0.08% of ProShares Bitcoin ETF worth $1,044,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its stake in ProShares Bitcoin ETF by 120.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,761,837 shares of the company’s stock valued at $82,224,000 after acquiring an additional 3,700,000 shares in the last quarter. Acorns Advisers LLC grew its stake in shares of ProShares Bitcoin ETF by 37.1% in the 4th quarter. Acorns Advisers LLC now owns 6,274,599 shares of the company’s stock worth $76,299,000 after acquiring an additional 1,698,373 shares in the last quarter. IMC Chicago LLC bought a new stake in shares of ProShares Bitcoin ETF in the 2nd quarter worth $10,223,000. Tidal Investments LLC raised its holdings in shares of ProShares Bitcoin ETF by 139.3% in the third quarter. Tidal Investments LLC now owns 912,135 shares of the company’s stock valued at $17,165,000 after purchasing an additional 530,987 shares during the last quarter. Finally, Fielder Capital Group LLC raised its holdings in shares of ProShares Bitcoin ETF by 0.4% in the second quarter. Fielder Capital Group LLC now owns 626,960 shares of the company’s stock valued at $5,003,000 after purchasing an additional 2,347 shares during the last quarter.

ProShares Bitcoin ETF Price Performance

BITO opened at $11.01 on Friday. ProShares Bitcoin ETF has a fifty-two week low of $7.87 and a fifty-two week high of $20.91. The company’s 50-day moving average is $9.04 and its 200 day moving average is $9.48.

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.