Pure Portfolios Holdings LLC Sells 1,510 Shares of Bitwise Bitcoin ETF $BITB

Pure Portfolios Holdings LLC lessened its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 17.2% during the 2nd quarter, Holdings Channel reports. The firm owned 7,283 shares of the company’s stock after selling 1,510 shares during the period. Pure Portfolios Holdings LLC’s holdings in Bitwise Bitcoin ETF were worth $427,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of BITB. Moisand Fitzgerald Tamayo LLC boosted its stake in Bitwise Bitcoin ETF by 2.8% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 5,999 shares of the company’s stock valued at $351,000 after acquiring an additional 164 shares during the last quarter. FF Advisors LLC boosted its position in shares of Bitwise Bitcoin ETF by 0.6% in the 2nd quarter. FF Advisors LLC now owns 36,314 shares of the company’s stock worth $2,128,000 after purchasing an additional 226 shares during the last quarter. Focus Partners Wealth boosted its position in shares of Bitwise Bitcoin ETF by 0.8% in the 1st quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock worth $1,318,000 after purchasing an additional 244 shares during the last quarter. Personal CFO Solutions LLC boosted its position in shares of Bitwise Bitcoin ETF by 5.4% in the 1st quarter. Personal CFO Solutions LLC now owns 4,935 shares of the company’s stock worth $221,000 after purchasing an additional 251 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in shares of Bitwise Bitcoin ETF by 2.4% in the 1st quarter. Private Advisor Group LLC now owns 10,715 shares of the company’s stock worth $481,000 after purchasing an additional 256 shares during the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of BITB opened at $66.14 on Wednesday. Bitwise Bitcoin ETF has a 1 year low of $32.04 and a 1 year high of $68.74. The stock’s 50-day moving average price is $62.47 and its two-hundred day moving average price is $57.58.

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.