Oppenheimer & Co. Inc. Cut Its Holdings in ProShares Bitcoin ETF (NYSEARCA:BITO) by 13.0%

input: Oppenheimer & Co. Inc. cut its holdings in ProShares Bitcoin ETF (NYSEARCA:BITO – Free Report) by 13.0% in the fourth quarter

"Oppenheimer & Co. Inc. decreased its holdings in ProShares Bitcoin Strategy ETF (NYSEARCA:BITO) by 13.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,637 shares of the company’s stock after selling 1,734 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in ProShares Bitcoin Strategy ETF were valued at $265,000 at the end of the period.

Several other hedge funds and institutional investors also recently added to or reduced their stakes in BITO. Hantz Financial Services Inc. increased its stake in ProShares Bitcoin Strategy ETF by 408.4% in the third quarter. Hantz Financial Services Inc. now owns 1,459 shares of the company’s stock valued at $28,000 after buying 1,172 additional shares in the last quarter. Venturi Wealth Management LLC bought a new position in ProShares Bitcoin Strategy ETF in the third quarter valued at approximately $29,000. Bay Harbor Wealth Management LLC increased its stake in ProShares Bitcoin Strategy ETF by 152.2% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 1,498 shares of the company’s stock valued at $34,000 after buying 904 additional shares in the last quarter. Heck Capital Advisors LLC bought a new position in ProShares Bitcoin Strategy ETF in the fourth quarter valued at approximately $49,000. Finally, Caitlin John LLC increased its stake in ProShares Bitcoin Strategy ETF by 35.7% in the fourth quarter. Caitlin John LLC now owns 3,114 shares of the company’s stock valued at approximately $71,000 after buying 820 additional shares in the last quarter.