Private Advisor Group LLC lowered its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 69.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,401 shares of the company’s stock after selling 16,719 shares during the period. Private Advisor Group LLC’s holdings in Bitwise Bitcoin ETF were worth $272,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. GeoWealth Management LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the 4th quarter worth $32,000. Founders Capital Management boosted its position in shares of Bitwise Bitcoin ETF by 105.9% during the 4th quarter. Founders Capital Management now owns 700 shares of the company’s stock valued at $33,000 after acquiring an additional 360 shares during the last quarter. Princeton Global Asset Management LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at about $34,000. Lodestone Wealth Management LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at about $38,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Bitwise Bitcoin ETF by 262.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 888 shares of the company’s stock valued at $42,000 after purchasing an additional 643 shares during the period.
Bitwise Bitcoin ETF Stock Performance
Bitwise Bitcoin ETF stock opened at $34.82 on Friday. The company has a 50-day moving average price of $36.59 and a 200 day moving average price of $39.84. Bitwise Bitcoin ETF has a 12-month low of $31.49 and a 12-month high of $68.74.
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.
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