Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) Shares Sold by Fermata Advisors LLC

Fermata Advisors LLC lowered its position in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) by 21.5% in the fourth quarter, Holdings Channel reports. The fund owned 2,943 shares of the company’s stock after selling 806 shares during the period. Fermata Advisors LLC’s holdings in Invesco Galaxy Bitcoin ETF were worth $275,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc raised its holdings in shares of Invesco Galaxy Bitcoin ETF by 32.8% in the 4th quarter. AdvisorNet Financial Inc now owns 1,540 shares of the company’s stock valued at $144,000 after purchasing an additional 380 shares in the last quarter. Fortis Group Advisors LLC purchased a new position in Invesco Galaxy Bitcoin ETF in the third quarter valued at $549,000. Gilbert & Cook Inc. raised its stake in Invesco Galaxy Bitcoin ETF by 124.4% in the third quarter. Gilbert & Cook Inc. now owns 8,946 shares of the company’s stock valued at $568,000 after buying an additional 4,960 shares in the last quarter. Sea Otter Advisors LLC purchased a new stake in Invesco Galaxy Bitcoin ETF during the 2nd quarter worth about $729,000. Finally, Brookstone Capital Management boosted its position in shares of Invesco Galaxy Bitcoin ETF by 23.8% during the 4th quarter. Brookstone Capital Management now owns 8,059 shares of the company’s stock worth $752,000 after acquiring an additional 1,547 shares in the last quarter.

Invesco Galaxy Bitcoin ETF Trading Up 4.4 %

BTCO opened at $104.66 on Friday. The business’s 50-day simple moving average is $96.37 and its 200-day simple moving average is $74.46. Invesco Galaxy Bitcoin ETF has a one year low of $38.56 and a one year 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.