Wealth Management Nebraska Takes Position in ProShares Bitcoin ETF (NYSEARCA:BITO)

Wealth Management Nebraska acquired a new position in ProShares Bitcoin ETF (NYSEARCA:BITO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 15,312 shares of the company’s stock, valued at approximately $349,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Whitebox Advisors LLC grew its position in ProShares Bitcoin ETF by 19.7% in the 3rd quarter. Whitebox Advisors LLC now owns 697,042 shares of the company’s stock worth $13,376,000 after purchasing an additional 114,872 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of ProShares Bitcoin ETF in the third quarter valued at about $11,254,000. MFA Wealth Advisors LLC grew its position in ProShares Bitcoin ETF by 14.2% during the fourth quarter. MFA Wealth Advisors LLC now owns 202,541 shares of the company’s stock worth $4,614,000 after buying an additional 25,138 shares in the last quarter. IHT Wealth Management LLC increased its stake in ProShares Bitcoin ETF by 100.5% during the third quarter. IHT Wealth Management LLC now owns 196,782 shares of the company’s stock valued at $3,619,000 after acquiring an additional 98,643 shares during the period. Finally, Total Investment Management Inc. increased its stake in ProShares Bitcoin ETF by 118.4% during the third quarter. Total Investment Management Inc. now owns 150,982 shares of the company’s stock valued at $2,897,000 after acquiring an additional 81,836 shares during the period.

ProShares Bitcoin ETF Trading Down 4.0 %

Shares of BITO stock opened at $21.96 on Friday. ProShares Bitcoin ETF has a 12 month low of $16.11 and a 12 month high of $33.79. The stock has a 50 day moving average of $23.90 and a two-hundred day moving average of $21.64.

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.