Arete Wealth Advisors LLC Raises Stock Holdings in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO)

Arete Wealth Advisors LLC grew its stake in shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,319 shares of the company’s stock after buying an additional 2,138 shares during the period. Arete Wealth Advisors LLC owned 0.37% of Invesco Galaxy Bitcoin ETF worth $2,469,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. IMC Chicago LLC bought a new stake in shares of Invesco Galaxy Bitcoin ETF during the 4th quarter valued at $6,223,000. Tidal Investments LLC increased its stake in Invesco Galaxy Bitcoin ETF by 44.1% in the 3rd quarter. Tidal Investments LLC now owns 107,950 shares of the company’s stock worth $6,859,000 after buying an additional 33,038 shares in the last quarter. Quadrature Capital Ltd bought a new stake in Invesco Galaxy Bitcoin ETF during the third quarter valued at about $1,054,000. Virtu Financial LLC purchased a new position in shares of Invesco Galaxy Bitcoin ETF in the fourth quarter valued at about $1,272,000. Finally, LPL Financial LLC boosted its stake in shares of Invesco Galaxy Bitcoin ETF by 107.1% in the fourth quarter. LPL Financial LLC now owns 15,415 shares of the company’s stock worth $1,438,000 after acquiring an additional 7,971 shares during the period.

Invesco Galaxy Bitcoin ETF Price Performance

Shares of BTCO opened at $81.78 on Friday. The business’s 50 day moving average is $90.78 and its 200 day moving average is $86.19. Invesco Galaxy Bitcoin ETF has a 12-month low of $49.51 and a 12-month high of $108.26.

Invesco Galaxy Bitcoin ETF Company Profile

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.