Allworth Financial LP boosted its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 381.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,557 shares of the company’s stock after acquiring an additional 2,026 shares during the period. Allworth Financial LP’s holdings in Bitwise Bitcoin ETF were worth $88,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atria Investments Inc acquired a new stake in shares of Bitwise Bitcoin ETF during the first quarter worth $1,308,000. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Bitwise Bitcoin ETF in the 2nd quarter valued at about $33,000. Brookstone Capital Management lifted its holdings in shares of Bitwise Bitcoin ETF by 5.2% in the second quarter. Brookstone Capital Management now owns 9,716 shares of the company’s stock valued at $342,000 after purchasing an additional 482 shares in the last quarter. BBR Partners LLC acquired a new position in shares of Bitwise Bitcoin ETF during the second quarter worth about $294,000. Finally, Benedetti & Gucer Inc. bought a new position in shares of Bitwise Bitcoin ETF during the first quarter worth about $1,065,000.
Bitwise Bitcoin ETF Stock Performance
NYSEARCA BITB opened at $38.08 on Friday. Bitwise Bitcoin ETF has a 52 week low of $21.05 and a 52 week high of $40.16. The stock’s 50 day moving average price is $34.23 and its two-hundred day moving average price is $34.48.
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.
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