Winthrop Capital Management LLC grew its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 22,784.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,779 shares of the company’s stock after purchasing an additional 53,544 shares during the period. Winthrop Capital Management LLC owned approximately 0.08% of Bitwise Bitcoin ETF worth $2,558,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Founders Capital Management grew 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 purchasing an additional 360 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of Bitwise Bitcoin ETF during the 4th quarter valued at $34,000. Lodestone Wealth Management LLC purchased a new position in shares of Bitwise Bitcoin ETF during the 4th quarter valued at $38,000. EverSource Wealth Advisors LLC grew its position in shares of Bitwise Bitcoin ETF by 262.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 888 shares of the company’s stock valued at $42,000 after purchasing an additional 643 shares in the last quarter. Finally, Caitlin John LLC purchased a new position in shares of Bitwise Bitcoin ETF during the 3rd quarter valued at $49,000.
Bitwise Bitcoin ETF Stock Performance
BITB opened at $36.49 on Wednesday. The company has a fifty day moving average price of $40.51 and a 200-day moving average price of $43.30. Bitwise Bitcoin ETF has a one year low of $33.81 and a one year 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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