2x Bitcoin Strategy ETF (NYSEARCA:BITX) Shares Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lifted its position in shares of 2x Bitcoin Strategy ETF (NYSEARCA:BITX) by 29.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 288,112 shares of the company’s stock after purchasing an additional 66,398 shares during the quarter. 2x Bitcoin Strategy ETF accounts for approximately 1.1% of Kingswood Wealth Advisors LLC’s portfolio, making the stock its 11th largest holding. Kingswood Wealth Advisors LLC’s holdings in 2x Bitcoin Strategy ETF were worth $14,910,000 at the end of the most recent reporting period.

Separately, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of 2x Bitcoin Strategy ETF in the fourth quarter valued at approximately $171,000.

2x Bitcoin Strategy ETF Stock Up 3.0 %

BITX opened at $63.57 on Monday. The firm’s fifty day simple moving average is $58.81 and its two-hundred day simple moving average is $40.92. 2x Bitcoin Strategy ETF has a 52-week low of $18.95 and a 52-week high of $72.80.

2x Bitcoin Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 16th were paid a dividend of $0.5768 per share. The ex-dividend date of this dividend was Monday, December 16th.

About 2x Bitcoin Strategy ETF

The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.