Bitwise Bitcoin ETF $BITB Shares Purchased by Crumly & Associates Inc.

Crumly & Associates Inc. boosted its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 8.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 270,391 shares of the company’s stock after purchasing an additional 21,347 shares during the period. Bitwise Bitcoin ETF accounts for approximately 2.2% of Crumly & Associates Inc.’s portfolio, making the stock its 13th biggest position. Crumly & Associates Inc. owned about 0.40% of Bitwise Bitcoin ETF worth $12,265,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. boosted its position in Bitwise Bitcoin ETF by 53.9% during the first quarter. Geneos Wealth Management Inc. now owns 1,202 shares of the company’s stock worth $44,000 after purchasing an additional 421 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Bitwise Bitcoin ETF by 39.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,238 shares of the company’s stock valued at $46,000 after purchasing an additional 350 shares during the period. Wick Capital Partners LLC bought a new position in Bitwise Bitcoin ETF during the 4th quarter valued at about $143,000. Fifth Third Bancorp acquired a new position in shares of Bitwise Bitcoin ETF in the 1st quarter worth approximately $168,000. Finally, Caliber Wealth Management LLC KS bought a new position in shares of Bitwise Bitcoin ETF in the first quarter worth about $202,000.

Bitwise Bitcoin ETF Trading Down 2.6%

NYSEARCA BITB traded down $1.20 during trading hours on Wednesday, hitting $45.27. The company’s stock had a trading volume of 578,654 shares, compared to its average volume of 2,184,478. The stock has a fifty day moving average of $40.84 and a 200 day moving average of $38.82. Bitwise Bitcoin ETF has a twelve month low of $31.49 and a twelve month high of $67.55.

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.