Toth Financial Advisory Corp Has $39,000 Stock Holdings in ProShares Ultra Bitcoin ETF (NYSEARCA:BITU)

Toth Financial Advisory Corp raised its position in ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) by 294.0% during the 4th quarter, HoldingsChannel reports. The fund owned 788 shares of the company’s stock after buying an additional 588 shares during the quarter. Toth Financial Advisory Corp’s holdings in ProShares Ultra Bitcoin ETF were worth $39,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Whitaker Myers Wealth Managers LTD. bought a new stake in shares of ProShares Ultra Bitcoin ETF in the fourth quarter worth $216,000. Client First Investment Management LLC acquired a new stake in ProShares Ultra Bitcoin ETF in the 4th quarter valued at $754,000. IMC Chicago LLC acquired a new stake in ProShares Ultra Bitcoin ETF in the 3rd quarter valued at $1,951,000. Finally, Financial Management Professionals Inc. lifted its position in ProShares Ultra Bitcoin ETF by 58.4% during the 4th quarter. Financial Management Professionals Inc. now owns 76,830 shares of the company’s stock worth $3,797,000 after buying an additional 28,329 shares in the last quarter.

ProShares Ultra Bitcoin ETF Stock Performance

Shares of NYSEARCA BITU opened at $60.94 on Friday. The business has a 50-day moving average of $55.47 and a 200-day moving average of $37.19. ProShares Ultra Bitcoin ETF has a fifty-two week low of $16.30 and a fifty-two week high of $68.43.

About ProShares Ultra Bitcoin ETF

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.