Weaver Consulting Group Makes New $208,000 Investment in Bitwise Bitcoin ETF $BITB

Weaver Consulting Group purchased a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 3,551 shares of the company’s stock, valued at approximately $208,000.

Other large investors also recently modified their holdings of the company. Wealth Preservation Advisors LLC bought a new stake in shares of Bitwise Bitcoin ETF in the 1st quarter valued at $34,000. Ameritas Advisory Services LLC acquired a new stake in Bitwise Bitcoin ETF in the second quarter worth $46,000. WPG Advisers LLC bought a new stake in Bitwise Bitcoin ETF in the first quarter valued at $38,000. ROSS JOHNSON & Associates LLC raised its holdings in shares of Bitwise Bitcoin ETF by 207.4% during the first quarter. ROSS JOHNSON & Associates LLC now owns 2,087 shares of the company’s stock valued at $94,000 after purchasing an additional 1,408 shares during the period. Finally, Quaker Wealth Management LLC raised its holdings in shares of Bitwise Bitcoin ETF by 195.3% during the second quarter. Quaker Wealth Management LLC now owns 2,530 shares of the company’s stock valued at $148,000 after purchasing an additional 5,185 shares during the period.

Bitwise Bitcoin ETF Stock Performance

Shares of BITB opened at $49.45 on Thursday. Bitwise Bitcoin ETF has a one year low of $41.17 and a one year high of $68.74. The stock has a 50-day moving average of $60.03 and a 200-day moving average of $60.02.

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.