Wealth Watch Advisors INC lifted its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 17.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,541 shares of the company’s stock after acquiring an additional 2,644 shares during the period. Wealth Watch Advisors INC’s holdings in Bitwise Bitcoin ETF were worth $1,028,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. First Horizon Advisors Inc. acquired a new stake in shares of Bitwise Bitcoin ETF during the 1st quarter valued at approximately $34,000. Wealth Preservation Advisors LLC acquired a new stake in shares of Bitwise Bitcoin ETF during the 1st quarter valued at approximately $34,000. WPG Advisers LLC acquired a new stake in shares of Bitwise Bitcoin ETF during the 1st quarter valued at approximately $38,000. Ameritas Advisory Services LLC acquired a new stake in shares of Bitwise Bitcoin ETF during the 2nd quarter valued at approximately $46,000. Finally, ROSS JOHNSON & Associates LLC raised its position in shares of Bitwise Bitcoin ETF by 207.4% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 2,087 shares of the company’s stock valued at $94,000 after acquiring an additional 1,408 shares in the last quarter.
Bitwise Bitcoin ETF Price Performance
BITB stock opened at $60.16 on Monday. Bitwise Bitcoin ETF has a 12-month low of $35.88 and a 12-month high of $68.74. The stock’s 50 day simple moving average is $61.88 and its 200 day simple moving average is $59.12.
Bitwise Bitcoin ETF 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.
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