Mirae Asset Global Investments Co. Ltd. Purchases New Stake in Bitwise Crypto Industry Innovators ETF $BITQ

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 43,000 shares of the company’s stock, valued at approximately $1,091,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. AdvisorNet Financial Inc grew its stake in Bitwise Crypto Industry Innovators ETF by 2.1% during the third quarter. AdvisorNet Financial Inc now owns 31,458 shares of the company’s stock worth $798,000 after buying an additional 654 shares during the period. Fifth Third Bancorp raised its stake in shares of Bitwise Crypto Industry Innovators ETF by 88.3% in the 1st quarter. Fifth Third Bancorp now owns 1,966 shares of the company’s stock valued at $37,000 after acquiring an additional 922 shares during the period. Oppenheimer & Co. Inc. raised its stake in shares of Bitwise Crypto Industry Innovators ETF by 3.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 49,913 shares of the company’s stock valued at $1,266,000 after acquiring an additional 1,506 shares during the period. Keel Point LLC raised its stake in shares of Bitwise Crypto Industry Innovators ETF by 18.0% in the 1st quarter. Keel Point LLC now owns 15,120 shares of the company’s stock valued at $285,000 after acquiring an additional 2,308 shares during the period. Finally, Soltis Investment Advisors LLC lifted its holdings in shares of Bitwise Crypto Industry Innovators ETF by 5.3% during the 3rd quarter. Soltis Investment Advisors LLC now owns 53,755 shares of the company’s stock valued at $1,364,000 after acquiring an additional 2,691 shares in the last quarter.

Bitwise Crypto Industry Innovators ETF Stock Performance

NYSEARCA:BITQ opened at $18.30 on Monday. The firm’s fifty day simple moving average is $23.85 and its 200 day simple moving average is $23.38. Bitwise Crypto Industry Innovators ETF has a twelve month low of $16.65 and a twelve month high of $29.35. The firm has a market capitalization of $326.65 million, a price-to-earnings ratio of 27.61 and a beta of 3.12.

About Bitwise Crypto Industry Innovators ETF

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.