Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Shares Up 8.6% – What’s Next?

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB – Get Free Report) shares were up 8.6% on Thursday . The company traded as high as $19.09 and last traded at $19.09. 2,328 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 11,172 shares. The stock had previously closed at $17.58.

Bitwise Bitcoin Standard Corporations ETF Stock Up 5.2%

The stock has a market capitalization of $16.67 million, a PE ratio of 20.01 and a beta of 3.13. The stock’s 50 day moving average price is $17.93 and its 200-day moving average price is $18.95.

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Institutional Investors Weigh In On Bitwise Bitcoin Standard Corporations ETF

A number of institutional investors have recently bought and sold shares of OWNB. Orion Porfolio Solutions LLC boosted its stake in shares of Bitwise Bitcoin Standard Corporations ETF by 17.6% in the fourth quarter. Orion Porfolio Solutions LLC now owns 109,271 shares of the company’s stock worth $2,346,000 after acquiring an additional 16,376 shares during the period. Ankerstar Wealth LLC purchased a new position in Bitwise Bitcoin Standard Corporations ETF in the 4th quarter worth approximately $40,000. Citadel Advisors LLC purchased a new position in Bitwise Bitcoin Standard Corporations ETF in the 3rd quarter worth approximately $1,245,000. Finally, Jane Street Group LLC bought a new position in Bitwise Bitcoin Standard Corporations ETF in the 2nd quarter worth approximately $1,085,000.

About Bitwise Bitcoin Standard Corporations ETF

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The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.

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