Soltis Investment Advisors LLC Has $4.23 Million Holdings in Bitwise Bitcoin ETF $BITB

Soltis Investment Advisors LLC grew its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 28.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,003 shares of the company’s stock after purchasing an additional 19,830 shares during the period. Soltis Investment Advisors LLC owned about 0.13% of Bitwise Bitcoin ETF worth $4,233,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in BITB. Elequin Capital LP increased its holdings in shares of Bitwise Bitcoin ETF by 962.9% in the 3rd quarter. Elequin Capital LP now owns 393,733 shares of the company’s stock valued at $24,498,000 after purchasing an additional 356,688 shares during the period. Tidal Investments LLC increased its holdings in shares of Bitwise Bitcoin ETF by 168.9% in the 3rd quarter. Tidal Investments LLC now owns 532,269 shares of the company’s stock valued at $33,118,000 after purchasing an additional 334,296 shares during the period. Consolidated Portfolio Review Corp increased its holdings in shares of Bitwise Bitcoin ETF by 2,352.8% in the 4th quarter. Consolidated Portfolio Review Corp now owns 336,325 shares of the company’s stock valued at $15,996,000 after purchasing an additional 322,613 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Bitwise Bitcoin ETF by 269,348.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 207,475 shares of the company’s stock valued at $9,868,000 after purchasing an additional 207,398 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Bitwise Bitcoin ETF by 38.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 693,101 shares of the company’s stock valued at $43,125,000 after purchasing an additional 191,146 shares during the period.

Bitwise Bitcoin ETF Trading Down 2.9%

Shares of BITB opened at $42.95 on Friday. Bitwise Bitcoin ETF has a fifty-two week low of $33.81 and a fifty-two week high of $68.74. The business’s 50-day moving average is $39.98 and its 200-day moving average is $44.71.

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.