TRUE Private Wealth Advisors raised its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 12.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 21,256 shares of the company’s stock after acquiring an additional 2,427 shares during the period. TRUE Private Wealth Advisors’ holdings in Bitwise Bitcoin ETF were worth $1,245,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in BITB. Wealth Preservation Advisors LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the first quarter valued at approximately $34,000. Ameritas Advisory Services LLC bought a new position in Bitwise Bitcoin ETF during the second quarter worth about $46,000. WPG Advisers LLC bought a new stake in Bitwise Bitcoin ETF in the first quarter valued at approximately $38,000. ROSS JOHNSON & Associates LLC raised its stake in Bitwise Bitcoin ETF by 207.4% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 2,087 shares of the company’s stock worth $94,000 after buying an additional 1,408 shares during the period. Finally, Quaker Wealth Management LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 195.3% during the 2nd 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 in the last quarter.
Bitwise Bitcoin ETF Trading Down 1.6%
Bitwise Bitcoin ETF stock opened at $49.63 on Wednesday. Bitwise Bitcoin ETF has a twelve month low of $41.17 and a twelve month high of $68.74. The company has a 50 day moving average of $60.30 and a 200-day moving average of $60.10.
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.
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Want to see what other hedge funds are holding BITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report).
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