Vise Technologies Inc. Buys 119,490 Shares of Bitwise Bitcoin ETF $BITB

Vise Technologies Inc. grew its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 260.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 165,386 shares of the company’s stock after acquiring an additional 119,490 shares during the quarter. Vise Technologies Inc.’s holdings in Bitwise Bitcoin ETF were worth $7,866,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Founders Capital Management increased its stake in shares of Bitwise Bitcoin ETF by 105.9% in the 4th quarter. Founders Capital Management now owns 700 shares of the company’s stock valued at $33,000 after acquiring an additional 360 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of Bitwise Bitcoin ETF in the 4th quarter valued at about $34,000. Lodestone Wealth Management LLC bought a new stake in shares of Bitwise Bitcoin ETF in the 4th quarter valued at about $38,000. EverSource Wealth Advisors LLC increased its stake in shares of Bitwise Bitcoin ETF by 262.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 888 shares of the company’s stock valued at $42,000 after acquiring an additional 643 shares during the last quarter. Finally, Caitlin John LLC bought a new stake in shares of Bitwise Bitcoin ETF in the 3rd quarter valued at about $49,000.

Bitwise Bitcoin ETF Stock Down 2.8%

Shares of BITB stock opened at $34.51 on Friday. The stock has a 50-day moving average of $40.35 and a 200-day moving average of $42.92. Bitwise Bitcoin ETF has a one year low of $33.81 and a one year high of $68.74.

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.