Strive Financial Group LLC Buys Shares of 45,018 ProShares Ultra Bitcoin ETF $BITU

Strive Financial Group LLC bought a new position in shares of ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 45,018 shares of the company’s stock, valued at approximately $366,000. Strive Financial Group LLC owned about 0.12% of ProShares Ultra Bitcoin ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. NewEdge Advisors LLC increased its stake in shares of ProShares Ultra Bitcoin ETF by 16.0% during the 1st quarter. NewEdge Advisors LLC now owns 38,817 shares of the company’s stock worth $1,292,000 after purchasing an additional 5,355 shares in the last quarter. Orion Porfolio Solutions LLC acquired a new position in shares of ProShares Ultra Bitcoin ETF during the 2nd quarter worth approximately $390,000. Advisory Services Network LLC purchased a new stake in ProShares Ultra Bitcoin ETF in the 3rd quarter valued at approximately $111,000. EverSource Wealth Advisors LLC lifted its stake in ProShares Ultra Bitcoin ETF by 98.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 49,687 shares of the company’s stock valued at $1,098,000 after buying an additional 24,680 shares in the last quarter. Finally, Winnow Wealth LLC grew its holdings in ProShares Ultra Bitcoin ETF by 99.1% during the 4th quarter. Winnow Wealth LLC now owns 2,282 shares of the company’s stock valued at $52,000 after buying an additional 1,136 shares during the last quarter.

ProShares Ultra Bitcoin ETF Price Performance

ProShares Ultra Bitcoin ETF stock opened at $14.14 on Friday. The stock has a fifty day moving average of $10.41 and a two-hundred day moving average of $11.85. ProShares Ultra Bitcoin ETF has a fifty-two week low of $7.92 and a fifty-two week high of $64.40.

ProShares Ultra Bitcoin ETF Profile

The ProShares UltraBitcoin ETF (BITU) is an exchange-traded fund that is based on the Bloomberg Bitcoin index. The fund tracks 2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide leveraged exposure to Bitcoin. BITU was launched on Apr 2, 2024 and is issued by ProShares.