Conservest Capital Advisors Inc. raised its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 50.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 10,485 shares of the company’s stock after purchasing an additional 3,500 shares during the quarter. Conservest Capital Advisors Inc.’s holdings in Bitwise Bitcoin ETF were worth $614,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in BITB. First Horizon Advisors Inc. acquired a new stake in Bitwise Bitcoin ETF during the 1st quarter valued at approximately $34,000. Wealth Preservation Advisors LLC acquired a new stake in Bitwise Bitcoin ETF during the 1st quarter valued at approximately $34,000. WPG Advisers LLC acquired a new stake in Bitwise Bitcoin ETF during the 1st quarter valued at approximately $38,000. Ameritas Advisory Services LLC acquired a new stake in Bitwise Bitcoin ETF during the 2nd quarter valued at approximately $46,000. Finally, ROSS JOHNSON & Associates LLC grew 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 worth $94,000 after buying an additional 1,408 shares during the period.
Bitwise Bitcoin ETF Trading Up 0.4%
NYSEARCA:BITB opened at $60.16 on Friday. The company has a fifty day moving average of $61.88 and a 200-day moving average of $59.02. Bitwise Bitcoin ETF has a twelve month low of $35.88 and a twelve month high of $68.74.
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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