IMC Chicago LLC Makes New Investment in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO)

IMC Chicago LLC bought a new position in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) in the 4th quarter, HoldingsChannel reports. The fund bought 66,695 shares of the company’s stock, valued at approximately $6,223,000.

A number of other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc grew its holdings in shares of Invesco Galaxy Bitcoin ETF by 32.8% during the fourth quarter. AdvisorNet Financial Inc now owns 1,540 shares of the company’s stock valued at $144,000 after purchasing an additional 380 shares during the last quarter. Brookstone Capital Management boosted its position in Invesco Galaxy Bitcoin ETF by 23.8% during the 4th quarter. Brookstone Capital Management now owns 8,059 shares of the company’s stock valued at $752,000 after purchasing an additional 1,547 shares during the period. Geneos Wealth Management Inc. bought a new position in Invesco Galaxy Bitcoin ETF during the 4th quarter worth $221,000. Fermata Advisors LLC acquired a new stake in Invesco Galaxy Bitcoin ETF in the third quarter worth $238,000. Finally, Gilbert & Cook Inc. lifted 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 during the last quarter.

Invesco Galaxy Bitcoin ETF Price Performance

Shares of BTCO opened at $95.67 on Friday. The firm has a fifty day moving average of $98.96 and a 200-day moving average of $78.49. Invesco Galaxy Bitcoin ETF has a 1 year low of $45.00 and a 1 year high of $108.26.

Invesco Galaxy Bitcoin ETF 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.