Capital Wealth Alliance LLC Sells 866 Shares of Bitwise Bitcoin ETF $BITB

Capital Wealth Alliance LLC lowered its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 3.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,614 shares of the company’s stock after selling 866 shares during the quarter. Bitwise Bitcoin ETF comprises approximately 0.8% of Capital Wealth Alliance LLC’s portfolio, making the stock its 20th largest holding. Capital Wealth Alliance LLC’s holdings in Bitwise Bitcoin ETF were worth $1,559,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in Bitwise Bitcoin ETF in the 4th quarter worth about $516,000. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Bitwise Bitcoin ETF by 6.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 95,446 shares of the company’s stock worth $4,284,000 after purchasing an additional 5,443 shares in the last quarter. Perigon Wealth Management LLC grew its holdings in shares of Bitwise Bitcoin ETF by 0.6% during the first quarter. Perigon Wealth Management LLC now owns 56,242 shares of the company’s stock worth $2,524,000 after purchasing an additional 325 shares in the last quarter. Emerald Advisors LLC bought a new position in shares of Bitwise Bitcoin ETF in the first quarter worth approximately $279,000. Finally, Wealthstar Advisors LLC purchased a new stake in Bitwise Bitcoin ETF in the first quarter valued at approximately $316,000.

Bitwise Bitcoin ETF Trading Down 3.7%

Shares of Bitwise Bitcoin ETF stock opened at $58.60 on Thursday. Bitwise Bitcoin ETF has a 1 year low of $35.49 and a 1 year high of $68.74. The company has a 50 day simple moving average of $62.03 and a two-hundred day simple moving average of $58.65.

Bitwise Bitcoin ETF Company 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.