Waverly Advisors LLC lifted its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 236.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 21,563 shares of the company’s stock after purchasing an additional 15,162 shares during the quarter. Waverly Advisors LLC’s holdings in Bitwise Bitcoin ETF were worth $794,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of BITB. Millennium Management LLC boosted its stake in Bitwise Bitcoin ETF by 2.9% in the fourth quarter. Millennium Management LLC now owns 3,605,179 shares of the company’s stock worth $171,462,000 after buying an additional 102,140 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its stake in shares of Bitwise Bitcoin ETF by 40.0% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 1,105,512 shares of the company’s stock worth $52,578,000 after acquiring an additional 315,860 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Bitwise Bitcoin ETF by 19.8% during the first quarter. PNC Financial Services Group Inc. now owns 928,886 shares of the company’s stock worth $34,192,000 after acquiring an additional 153,599 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Bitwise Bitcoin ETF by 323.9% in the 4th quarter. Wells Fargo & Company MN now owns 821,082 shares of the company’s stock worth $39,051,000 after acquiring an additional 627,405 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 18.9% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 768,789 shares of the company’s stock worth $36,564,000 after acquiring an additional 122,276 shares during the last quarter.
Bitwise Bitcoin ETF Stock Down 2.9%
Shares of Bitwise Bitcoin ETF stock opened at $34.13 on Friday. Bitwise Bitcoin ETF has a 52-week low of $31.49 and a 52-week high of $68.74. The company has a fifty day moving average of $35.05 and a 200-day moving average of $38.88.
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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