Savant Capital LLC boosted its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 535.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,053 shares of the company’s stock after purchasing an additional 25,327 shares during the period. Savant Capital LLC’s holdings in Bitwise Bitcoin ETF were worth $1,429,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in Bitwise Bitcoin ETF by 12.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 142,317 shares of the company’s stock worth $8,855,000 after purchasing an additional 16,041 shares in the last quarter. Balance Wealth LLC grew its position in Bitwise Bitcoin ETF by 65.0% during the 4th quarter. Balance Wealth LLC now owns 57,308 shares of the company’s stock worth $2,726,000 after purchasing an additional 22,567 shares in the last quarter. Financial Management Professionals Inc. grew its position in Bitwise Bitcoin ETF by 1,393.9% during the 4th quarter. Financial Management Professionals Inc. now owns 101,484 shares of the company’s stock worth $4,827,000 after purchasing an additional 94,691 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in Bitwise Bitcoin ETF by 35.5% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 62,850 shares of the company’s stock worth $2,989,000 after purchasing an additional 16,463 shares in the last quarter. Finally, Hunting Hill Global Capital LLC grew its position in Bitwise Bitcoin ETF by 11.5% during the 3rd quarter. Hunting Hill Global Capital LLC now owns 231,430 shares of the company’s stock worth $14,400,000 after purchasing an additional 23,935 shares in the last quarter.
Bitwise Bitcoin ETF Trading Down 2.7%
NYSEARCA BITB opened at $38.81 on Tuesday. Bitwise Bitcoin ETF has a twelve month low of $33.81 and a twelve month high of $68.74. The firm’s 50 day moving average price is $40.51 and its two-hundred day moving average price is $43.30.
Bitwise Bitcoin ETF Company Profile
The Bitwise Bitcoin ETF Trust (BITB) 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 price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.
Recommended Stories
- Five stocks we like better than Bitwise Bitcoin ETF
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Receive News & Ratings for Bitwise Bitcoin ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bitwise Bitcoin ETF and related companies with MarketBeat.com's FREE daily email newsletter.
