Unique Wealth LLC increased its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 34.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 178,741 shares of the company’s stock after acquiring an additional 46,121 shares during the quarter. Bitwise Bitcoin ETF comprises 0.9% of Unique Wealth LLC’s holdings, making the stock its 27th biggest position. Unique Wealth LLC’s holdings in Bitwise Bitcoin ETF were worth $6,579,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in Bitwise Bitcoin ETF in the fourth quarter valued at approximately $516,000. 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 in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Bitwise Bitcoin ETF by 1,519.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 50,076 shares of the company’s stock worth $2,934,000 after purchasing an additional 46,983 shares in the last quarter. CW Advisors LLC purchased a new position in Bitwise Bitcoin ETF during the 2nd quarter worth $228,000. Finally, First Trust Advisors LP grew its stake in Bitwise Bitcoin ETF by 21.9% during the 2nd quarter. First Trust Advisors LP now owns 102,571 shares of the company’s stock worth $6,010,000 after buying an additional 18,397 shares during the last quarter.
Bitwise Bitcoin ETF Stock Down 1.1%
Shares of NYSEARCA:BITB opened at $32.12 on Friday. The business’s 50-day moving average is $39.24 and its 200 day moving average is $41.38. Bitwise Bitcoin ETF has a 1 year low of $31.49 and a 1 year high of $68.74.
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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