Geneos Wealth Management Inc. Makes New $221,000 Investment in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO)

Geneos Wealth Management Inc. acquired a new stake in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,364 shares of the company’s stock, valued at approximately $221,000.

Other institutional investors have also recently modified their holdings of the company. Fermata Advisors LLC acquired a new position in Invesco Galaxy Bitcoin ETF in the 3rd quarter worth approximately $238,000. Fortis Group Advisors LLC acquired a new stake in shares of Invesco Galaxy Bitcoin ETF in the third quarter worth $549,000. Gilbert & Cook Inc. raised its holdings 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 worth $568,000 after purchasing an additional 4,960 shares during the last quarter. Arete Wealth Advisors LLC lifted its position in Invesco Galaxy Bitcoin ETF by 115.1% during the third quarter. Arete Wealth Advisors LLC now owns 24,181 shares of the company’s stock valued at $1,533,000 after purchasing an additional 12,937 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in Invesco Galaxy Bitcoin ETF in the third quarter valued at $1,054,000.

Invesco Galaxy Bitcoin ETF Trading Up 3.1 %

NYSEARCA BTCO opened at $104.18 on Thursday. The stock has a 50-day simple moving average of $98.29 and a two-hundred day simple moving average of $76.92. Invesco Galaxy Bitcoin ETF has a fifty-two week low of $42.28 and a fifty-two week high of $108.26.

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.