Diversify Wealth Management LLC acquired a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) in the first quarter, HoldingsChannel.com reports. The firm acquired 29,608 shares of the company’s stock, valued at approximately $1,090,000.
Other large investors have also recently added to or reduced their stakes in the company. Focus Partners Wealth lifted its stake in Bitwise Bitcoin ETF by 0.8% in the first quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock valued at $1,318,000 after buying an additional 244 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Bitwise Bitcoin ETF by 1.7% during the second quarter. Captrust Financial Advisors now owns 15,127 shares of the company’s stock valued at $886,000 after acquiring an additional 255 shares during the period. NewEdge Wealth LLC grew its position in shares of Bitwise Bitcoin ETF by 4.3% during the fourth quarter. NewEdge Wealth LLC now owns 7,609 shares of the company’s stock worth $362,000 after acquiring an additional 312 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Bitwise Bitcoin ETF by 6.3% during the third quarter. Integrated Wealth Concepts LLC now owns 5,358 shares of the company’s stock worth $333,000 after acquiring an additional 319 shares during the last quarter. Finally, Financial Guidance Group Inc. increased its holdings in shares of Bitwise Bitcoin ETF by 3.6% in the 4th quarter. Financial Guidance Group Inc. now owns 10,073 shares of the company’s stock worth $479,000 after acquiring an additional 351 shares during the period.
Bitwise Bitcoin ETF Stock Up 0.6%
BITB stock opened at $35.25 on Thursday. The firm’s 50-day simple moving average is $36.93 and its 200 day simple moving average is $39.96. Bitwise Bitcoin ETF has a fifty-two week low of $31.49 and a fifty-two week high of $68.74.
Bitwise Bitcoin ETF 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.
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Want to see what other hedge funds are holding BITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report).
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