Empower Advisory Group LLC Purchases Shares of 7,235 Bitwise Bitcoin ETF (NYSEARCA:BITB)

Empower Advisory Group LLC purchased a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,235 shares of the company’s stock, valued at approximately $368,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC increased its position in Bitwise Bitcoin ETF by 94.9% in the 4th quarter. Sanctuary Advisors LLC now owns 19,186 shares of the company’s stock valued at $976,000 after acquiring an additional 9,341 shares during the period. Pure Portfolios Holdings LLC acquired a new position in Bitwise Bitcoin ETF in the 4th quarter valued at approximately $295,000. Kedalion Capital Management LLP acquired a new position in Bitwise Bitcoin ETF in the 4th quarter valued at approximately $4,694,000. Walkner Condon Financial Advisors LLC increased its position in shares of Bitwise Bitcoin ETF by 11.0% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 14,029 shares of the company’s stock worth $713,000 after buying an additional 1,387 shares during the period. Finally, Clarity Capital Partners LLC increased its position in shares of Bitwise Bitcoin ETF by 4.2% during the fourth quarter. Clarity Capital Partners LLC now owns 8,350 shares of the company’s stock worth $425,000 after buying an additional 336 shares during the period.

Bitwise Bitcoin ETF Trading Up 2.1 %

BITB opened at $52.35 on Thursday. Bitwise Bitcoin ETF has a twelve month low of $27.02 and a twelve month high of $59.07. The company has a fifty day moving average of $53.78 and a 200-day moving average of $43.88.

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.