LRI Investments LLC Acquires New Shares in Bitwise Crypto Industry Innovators ETF $BITQ

LRI Investments LLC acquired a new stake in shares of Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 20,900 shares of the company’s stock, valued at approximately $412,000.

Separately, Janney Montgomery Scott LLC raised its stake in shares of Bitwise Crypto Industry Innovators ETF by 238.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 103,309 shares of the company’s stock valued at $1,254,000 after purchasing an additional 72,809 shares during the period.

Bitwise Crypto Industry Innovators ETF Stock Performance

NYSEARCA:BITQ opened at $28.13 on Monday. Bitwise Crypto Industry Innovators ETF has a 52-week low of $10.50 and a 52-week high of $31.34. The firm has a market cap of $495.09 million, a price-to-earnings ratio of 27.61 and a beta of 2.72. The business’s fifty day moving average is $22.36 and its 200 day moving average is $18.75.

Bitwise Crypto Industry Innovators ETF Profile

The Bitwise Crypto Industry Innovators ETF (BITQ) is an exchange-traded fund that is based on the Bitwise Crypto Innovators 30 index. The fund is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy. BITQ was launched on May 11, 2021 and is managed by Bitwise.