Arete Wealth Advisors LLC Buys 15,404 Shares of Invesco Galaxy Bitcoin ETF $BTCO

Arete Wealth Advisors LLC increased its stake in shares of Invesco Galaxy Bitcoin ETF (BATS:BTCO) by 50.3% during the first quarter, HoldingsChannel.com reports. The fund owned 46,051 shares of the company’s stock after purchasing an additional 15,404 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco Galaxy Bitcoin ETF were worth $3,102,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Galaxy Digital Inc. acquired a new stake in Invesco Galaxy Bitcoin ETF in the 1st quarter worth approximately $48,916,000. Galaxy Group Investments LLC acquired a new position in Invesco Galaxy Bitcoin ETF during the fourth quarter valued at approximately $63,198,000. Tidal Investments LLC grew its holdings in Invesco Galaxy Bitcoin ETF by 173.5% during the third quarter. Tidal Investments LLC now owns 289,594 shares of the company’s stock valued at $33,017,000 after purchasing an additional 183,694 shares during the last quarter. Virtu Financial LLC grew its holdings in Invesco Galaxy Bitcoin ETF by 936.2% during the third quarter. Virtu Financial LLC now owns 102,645 shares of the company’s stock valued at $11,702,000 after purchasing an additional 92,739 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Invesco Galaxy Bitcoin ETF by 7.7% in the fourth quarter. LPL Financial LLC now owns 82,311 shares of the company’s stock valued at $7,175,000 after purchasing an additional 5,865 shares during the period.

Invesco Galaxy Bitcoin ETF Stock Performance

Shares of Invesco Galaxy Bitcoin ETF stock opened at $62.55 on Friday. The firm has a fifty day simple moving average of $64.25 and a 200-day simple moving average of $71.41. Invesco Galaxy Bitcoin ETF has a 1-year low of $57.76 and a 1-year high of $125.96.

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.