Group One Trading trims KRE, boosts BITO, SBIT
Group One Trading LLC reduced its stake in the SPDR S&P Regional Banking ETF (KRE) by 23.4% in the first quarter, holding 55,805 shares valued at about $3.64 million. It also massively increased its position in ProShares Ultra Short Bitcoin ETF (SBIT) by 4,555.3% in the quarter, owning 10,940 shares worth roughly $623,000. In ProShares Bitcoin ETF (BITO), Group One raised its stake by 14.2% to 460,289 shares, valued at about $4.29 million. The firm trimmed its position in ProShares Ultra Silver (AGQ) by 24.6% in the quarter, owning 67,835 shares worth around $8.11 million. Taken together, the filings show Group One as an active, strategic trader across crypto-linked and regional banking ETFs with varying adjustments across multiple positions in Q1. These articles also reflect broader investor activity in these funds, suggesting a dynamic market environment for ETF holdings.