Kestra Advisory Services LLC Sells 31,929 Shares of Roundhill Bitcoin Covered Call Strategy ETF $YBTC

Kestra Advisory Services LLC lessened its holdings in Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) by 70.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,667 shares of the company’s stock after selling 31,929 shares during the quarter. Kestra Advisory Services LLC owned 0.28% of Roundhill Bitcoin Covered Call Strategy ETF worth $288,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Sunbelt Securities Inc. bought a new position in shares of Roundhill Bitcoin Covered Call Strategy ETF during the fourth quarter valued at about $27,000. Simplex Trading LLC bought a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the 4th quarter valued at about $92,000. NewEdge Advisors LLC bought a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the 2nd quarter valued at about $712,000. Jane Street Group LLC purchased a new stake in Roundhill Bitcoin Covered Call Strategy ETF during the 2nd quarter valued at about $1,148,000. Finally, Melia Wealth LLC boosted its holdings in Roundhill Bitcoin Covered Call Strategy ETF by 7.1% during the 4th quarter. Melia Wealth LLC now owns 415,210 shares of the company’s stock valued at $11,813,000 after acquiring an additional 27,489 shares during the period.

Roundhill Bitcoin Covered Call Strategy ETF Stock Performance

YBTC opened at $17.91 on Friday. The stock’s 50 day simple moving average is $18.15 and its 200 day simple moving average is $21.23. Roundhill Bitcoin Covered Call Strategy ETF has a 1 year low of $16.30 and a 1 year high of $48.85.

Roundhill Bitcoin Covered Call Strategy ETF Company Profile

The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to provide current income and capped gains on ETFs holding Bitcoin futures through a synthetic covered call strategy, collateralized by US Treasurys and cash. The actively managed fund uses both standardized exchange-traded and FLEX options YBTC was launched on Jan 18, 2024 and is issued by Roundhill.