Royal Bank of Canada grew its holdings in Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ – Free Report) by 15.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 304,490 shares of the company’s stock after acquiring an additional 39,811 shares during the quarter. Royal Bank of Canada owned 1.66% of Bitwise Crypto Industry Innovators ETF worth $5,743,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Fifth Third Bancorp raised its position in shares of Bitwise Crypto Industry Innovators ETF by 88.3% in the 1st quarter. Fifth Third Bancorp now owns 1,966 shares of the company’s stock valued at $37,000 after purchasing an additional 922 shares during the last quarter. Sankala Group LLC acquired a new stake in Bitwise Crypto Industry Innovators ETF in the 4th quarter worth approximately $60,000. PNC Financial Services Group Inc. grew its position in Bitwise Crypto Industry Innovators ETF by 53.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,442 shares of the company’s stock worth $69,000 after purchasing an additional 1,202 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Bitwise Crypto Industry Innovators ETF during the 4th quarter worth approximately $70,000. Finally, Wells Fargo & Company MN grew its position in Bitwise Crypto Industry Innovators ETF by 863.1% during the 4th quarter. Wells Fargo & Company MN now owns 4,825 shares of the company’s stock worth $96,000 after purchasing an additional 4,324 shares during the last quarter.
Bitwise Crypto Industry Innovators ETF Trading Up 1.5%
Shares of Bitwise Crypto Industry Innovators ETF stock opened at $22.74 on Thursday. The firm’s 50 day simple moving average is $24.52 and its two-hundred day simple moving average is $23.16. The firm has a market capitalization of $381.35 million, a price-to-earnings ratio of 27.61 and a beta of 3.14. Bitwise Crypto Industry Innovators ETF has a 12-month low of $16.65 and a 12-month high of $31.45.
About Bitwise Crypto Industry Innovators ETF
The Bitwise Crypto Industry Innovators ETF (BITQ) is an exchange-traded fund that is based on the Bitwise Crypto Innovators 30 index. The fund is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy. BITQ was launched on May 11, 2021 and is managed by Bitwise.
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