RFG Advisory LLC Has $3.11 Million Holdings in Bitwise Bitcoin ETF $BITB

RFG Advisory LLC grew its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 1,836.4% during the 1st quarter, Holdings Channel reports. The firm owned 84,582 shares of the company’s stock after purchasing an additional 80,214 shares during the period. RFG Advisory LLC’s holdings in Bitwise Bitcoin ETF were worth $3,113,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. GeoWealth Management LLC acquired a new position in Bitwise Bitcoin ETF in the fourth quarter valued at approximately $32,000. Founders Capital Management raised its position in shares of Bitwise Bitcoin ETF by 105.9% during the 4th quarter. Founders Capital Management now owns 700 shares of the company’s stock valued at $33,000 after acquiring an additional 360 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of Bitwise Bitcoin ETF during the 4th quarter valued at $34,000. Lodestone Wealth Management LLC acquired a new position in shares of Bitwise Bitcoin ETF in the 4th quarter valued at $38,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Bitwise Bitcoin ETF by 262.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 888 shares of the company’s stock valued at $42,000 after purchasing an additional 643 shares during the period.

Bitwise Bitcoin ETF Stock Down 1.1%

Shares of Bitwise Bitcoin ETF stock opened at $32.12 on Friday. Bitwise Bitcoin ETF has a 12 month low of $31.49 and a 12 month high of $68.74. The business has a fifty day simple moving average of $39.24 and a 200 day simple moving average of $41.38.

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.