12,200 Shares in Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) Purchased by Sea Otter Advisors LLC

Sea Otter Advisors LLC bought a new stake in shares of Invesco Galaxy Bitcoin ETF (NYSEARCA:BTCO) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 12,200 shares of the company’s stock, valued at approximately $729,000. Invesco Galaxy Bitcoin ETF makes up 5.2% of Sea Otter Advisors LLC’s holdings, making the stock its 6th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC bought a new stake in shares of Invesco Galaxy Bitcoin ETF in the 2nd quarter worth approximately $64,000. Financial Security Advisor Inc. purchased a new position in shares of Invesco Galaxy Bitcoin ETF in the first quarter worth approximately $207,000. Gilbert & Cook Inc. acquired a new stake in Invesco Galaxy Bitcoin ETF during the 1st quarter valued at $283,000. Brookstone Capital Management acquired a new position in Invesco Galaxy Bitcoin ETF during the first quarter valued at $331,000. Finally, Private Advisor Group LLC acquired a new stake in Invesco Galaxy Bitcoin ETF during the 2nd quarter worth about $935,000.

Invesco Galaxy Bitcoin ETF Stock Performance

BTCO stock opened at $64.70 on Friday. The firm has a 50 day simple moving average of $60.89 and a 200 day simple moving average of $63.80. Invesco Galaxy Bitcoin ETF has a 52 week low of $38.56 and a 52 week high of $73.61.

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.