Synergy Investment Management LLC Acquires New Shares in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO)

Synergy Investment Management LLC acquired a new stake in shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 302 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds also recently modified their holdings of the company. IMC Chicago LLC bought a new position in Invesco Galaxy Bitcoin ETF during the 4th quarter worth $6,223,000. Tidal Investments LLC raised its position in Invesco Galaxy Bitcoin ETF by 44.1% during the 3rd quarter. Tidal Investments LLC now owns 107,950 shares of the company’s stock worth $6,859,000 after purchasing an additional 33,038 shares during the last quarter. Quadrature Capital Ltd bought a new position in Invesco Galaxy Bitcoin ETF during the 3rd quarter worth $1,054,000. Arete Wealth Advisors LLC raised its position in Invesco Galaxy Bitcoin ETF by 115.1% during the 3rd quarter. Arete Wealth Advisors LLC now owns 24,181 shares of the company’s stock worth $1,533,000 after purchasing an additional 12,937 shares during the last quarter. Finally, Gilbert & Cook Inc. raised its position in Invesco Galaxy Bitcoin ETF by 124.4% during the 3rd quarter. Gilbert & Cook Inc. now owns 8,946 shares of the company’s stock worth $568,000 after purchasing an additional 4,960 shares during the last quarter.

Invesco Galaxy Bitcoin ETF Stock Up 4.2 %

Shares of NYSEARCA:BTCO opened at $90.28 on Thursday. Invesco Galaxy Bitcoin ETF has a 12-month low of $49.51 and a 12-month high of $108.26. The business has a fifty day simple moving average of $96.50 and a 200 day simple moving average of $82.65.

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.