Fermata Advisors LLC Buys 275 Shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO)

Fermata Advisors LLC boosted its stake in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) by 9.3% in the first quarter, HoldingsChannel reports. The firm owned 3,218 shares of the company’s stock after acquiring an additional 275 shares during the period. Fermata Advisors LLC’s holdings in Invesco Galaxy Bitcoin ETF were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in BTCO. Synergy Investment Management LLC bought a new stake in Invesco Galaxy Bitcoin ETF in the 4th quarter worth approximately $28,000. AdvisorNet Financial Inc grew its position in Invesco Galaxy Bitcoin ETF by 20.1% in the 1st quarter. AdvisorNet Financial Inc now owns 1,850 shares of the company’s stock worth $152,000 after purchasing an additional 310 shares during the period. NewEdge Advisors LLC bought a new stake in Invesco Galaxy Bitcoin ETF in the 4th quarter worth approximately $225,000. Fortress Financial Solutions LLC bought a new stake in shares of Invesco Galaxy Bitcoin ETF during the 4th quarter valued at $227,000. Finally, Financial Security Advisor Inc. bought a new stake in shares of Invesco Galaxy Bitcoin ETF during the 4th quarter valued at $272,000.

Invesco Galaxy Bitcoin ETF Price Performance

Shares of BTCO stock opened at $101.71 on Friday. Invesco Galaxy Bitcoin ETF has a 1 year low of $49.51 and a 1 year high of $111.76. The firm has a fifty day moving average price of $95.07 and a 200-day moving average price of $94.75.

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.