Morgan Dempsey Capital Management LLC Sells 369 Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB)

Morgan Dempsey Capital Management LLC decreased its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 29.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 886 shares of the company’s stock after selling 369 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Bitwise Bitcoin ETF were worth $45,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in BITB. Farther Finance Advisors LLC boosted its stake in Bitwise Bitcoin ETF by 6,150.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after purchasing an additional 2,460 shares during the period. Clear Creek Financial Management LLC boosted its stake in Bitwise Bitcoin ETF by 173.8% in the 3rd quarter. Clear Creek Financial Management LLC now owns 126,395 shares of the company’s stock worth $4,372,000 after purchasing an additional 80,226 shares during the period. Fairway Wealth LLC raised its holdings in shares of Bitwise Bitcoin ETF by 258.1% in the 3rd quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock valued at $38,000 after acquiring an additional 800 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in shares of Bitwise Bitcoin ETF by 219.9% in the 3rd quarter. Proficio Capital Partners LLC now owns 32,610 shares of the company’s stock valued at $1,128,000 after acquiring an additional 22,415 shares in the last quarter. Finally, Sheets Smith Wealth Management raised its holdings in shares of Bitwise Bitcoin ETF by 17.4% in the 3rd quarter. Sheets Smith Wealth Management now owns 8,801 shares of the company’s stock valued at $304,000 after acquiring an additional 1,306 shares in the last quarter.

Bitwise Bitcoin ETF Stock Up 1.1 %

NYSEARCA:BITB opened at $45.84 on Friday. The business’s 50-day moving average price is $52.90 and its two-hundred day moving average price is $44.72. Bitwise Bitcoin ETF has a twelve month low of $27.02 and a twelve month high of $59.07.

About Bitwise Bitcoin ETF

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.