Integrated Wealth Concepts LLC Increases Holdings in ProShares Bitcoin ETF (NYSEARCA:BITO)

Integrated Wealth Concepts LLC increased its stake in shares of ProShares Bitcoin ETF (NYSEARCA:BITO) by 20.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 18,490 shares of the company’s stock after purchasing an additional 3,121 shares during the period. Integrated Wealth Concepts LLC’s holdings in ProShares Bitcoin ETF were worth $355,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in BITO. Whitebox Advisors LLC raised its position in shares of ProShares Bitcoin ETF by 8.2% in the second quarter. Whitebox Advisors LLC now owns 582,170 shares of the company’s stock worth $13,105,000 after buying an additional 44,170 shares in the last quarter. United Capital Management of KS Inc. boosted its position in shares of ProShares Bitcoin ETF by 2.8% during the 2nd quarter. United Capital Management of KS Inc. now owns 420,885 shares of the company’s stock valued at $9,474,000 after acquiring an additional 11,340 shares during the last quarter. Total Investment Management Inc. grew its holdings in shares of ProShares Bitcoin ETF by 118.4% during the third quarter. Total Investment Management Inc. now owns 150,982 shares of the company’s stock worth $2,897,000 after purchasing an additional 81,836 shares in the last quarter. SIG North Trading ULC purchased a new position in shares of ProShares Bitcoin ETF during the second quarter worth about $1,857,000. Finally, Silver Oak Securities Incorporated increased its position in shares of ProShares Bitcoin ETF by 9,576.8% in the third quarter. Silver Oak Securities Incorporated now owns 64,544 shares of the company’s stock worth $1,283,000 after purchasing an additional 63,877 shares during the last quarter.

ProShares Bitcoin ETF Trading Up 5.2 %

Shares of ProShares Bitcoin ETF stock opened at $26.09 on Thursday. ProShares Bitcoin ETF has a 1 year low of $16.11 and a 1 year high of $33.79. The company has a 50 day simple moving average of $21.82 and a two-hundred day simple moving average of $21.51.

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.