WisdomTree Bitcoin Fund (BATS:BTCW – Get Free Report) was down 0.3% during trading on Wednesday . The company traded as low as $82.60 and last traded at $82.63. Approximately 23,865 shares were traded during trading, a decline of 25% from the average daily volume of 31,657 shares. The stock had previously closed at $82.87.
WisdomTree Bitcoin Fund Stock Performance
The firm has a 50 day moving average of $72.55 and a two-hundred day moving average of $73.90.
Institutional Trading of WisdomTree Bitcoin Fund
Hedge funds and other institutional investors have recently made changes to their positions in the business. Whitaker Myers Wealth Managers LTD. lifted its stake in WisdomTree Bitcoin Fund by 14.5% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 44,296 shares of the company’s stock valued at $2,746,000 after buying an additional 5,600 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in WisdomTree Bitcoin Fund by 105.9% in the 1st quarter. Bank of New York Mellon Corp now owns 179,758 shares of the company’s stock valued at $12,890,000 after purchasing an additional 92,443 shares during the period. Geneos Wealth Management Inc. grew its position in WisdomTree Bitcoin Fund by 126.5% during the first quarter. Geneos Wealth Management Inc. now owns 367 shares of the company’s stock worth $26,000 after buying an additional 205 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of WisdomTree Bitcoin Fund by 44.4% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,241 shares of the company’s stock worth $376,000 after purchasing an additional 1,612 shares in the last quarter. Finally, Meitav Investment House Ltd. increased its holdings in shares of WisdomTree Bitcoin Fund by 45.0% in the 1st quarter. Meitav Investment House Ltd. now owns 44,587 shares of the company’s stock worth $3,197,000 after buying an additional 13,847 shares during the last quarter.
WisdomTree Bitcoin Fund Company Profile
The WisdomTree Bitcoin Fund (BTCW) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund passively mirrors the performance of Bitcoin, leveraging a Benchmark Rate for valuation. The fund does not engage in direct investment or management of the digital currency BTCW was launched on Jan 11, 2024 and is issued by WisdomTree.
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