Hudson Value Partners LLC Makes New Investment in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Hudson Value Partners LLC bought a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) during the 4th quarter, HoldingsChannel.com reports. The fund bought 7,257 shares of the company’s stock, valued at approximately $370,000.

Other hedge funds have also recently modified their holdings of the company. HBK Investments L P increased its stake in shares of Bitwise Bitcoin ETF by 5.7% during the 3rd quarter. HBK Investments L P now owns 850,554 shares of the company’s stock worth $29,421,000 after purchasing an additional 46,124 shares during the last quarter. IMC Chicago LLC increased its stake in shares of Bitwise Bitcoin ETF by 9.3% during the 3rd quarter. IMC Chicago LLC now owns 646,743 shares of the company’s stock worth $22,371,000 after purchasing an additional 55,092 shares during the last quarter. RPO LLC increased its stake in shares of Bitwise Bitcoin ETF by 3.2% during the 3rd quarter. RPO LLC now owns 304,385 shares of the company’s stock worth $10,529,000 after purchasing an additional 9,300 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of Bitwise Bitcoin ETF by 4,033.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock worth $9,585,000 after purchasing an additional 270,396 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC increased its stake in shares of Bitwise Bitcoin ETF by 1.4% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 228,807 shares of the company’s stock worth $7,914,000 after purchasing an additional 3,220 shares during the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of BITB stock opened at $51.25 on Wednesday. The company has a 50 day moving average of $53.86 and a 200-day moving average of $43.70. Bitwise Bitcoin ETF has a 12-month low of $27.02 and a 12-month high of $59.07.

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.