Arete Wealth Advisors LLC Buys 12,937 Shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO)

Arete Wealth Advisors LLC boosted its position in shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) by 115.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,181 shares of the company’s stock after acquiring an additional 12,937 shares during the period. Arete Wealth Advisors LLC owned 0.34% of Invesco Galaxy Bitcoin ETF worth $1,533,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Susquehanna International Group LLP boosted its stake in shares of Invesco Galaxy Bitcoin ETF by 63.2% in the second quarter. Susquehanna International Group LLP now owns 271,253 shares of the company’s stock worth $16,207,000 after acquiring an additional 105,053 shares during the period. Virtu Financial LLC purchased a new position in Invesco Galaxy Bitcoin ETF in the 2nd quarter worth approximately $2,635,000. Private Advisor Group LLC bought a new position in Invesco Galaxy Bitcoin ETF in the 2nd quarter worth approximately $935,000. Sea Otter Advisors LLC purchased a new stake in Invesco Galaxy Bitcoin ETF during the 2nd quarter valued at approximately $729,000. Finally, Gilbert & Cook Inc. raised its position in shares of Invesco Galaxy Bitcoin ETF by 124.4% during the third quarter. Gilbert & Cook Inc. now owns 8,946 shares of the company’s stock valued at $568,000 after buying an additional 4,960 shares during the last quarter.

Invesco Galaxy Bitcoin ETF Stock Up 5.1 %

Shares of BTCO stock opened at $101.23 on Thursday. The stock’s 50-day moving average price is $80.11 and its 200-day moving average price is $68.56. Invesco Galaxy Bitcoin ETF has a 12-month low of $38.56 and a 12-month high of $103.76.

About Invesco Galaxy Bitcoin ETF

The Invesco Galaxy Bitcoin ETF (BTCO) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. BTCO was launched on Jan 11, 2024 and is issued by Invesco.