Steward Partners Investment Advisory LLC Has $120,000 Stake in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Steward Partners Investment Advisory LLC boosted its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 85.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,369 shares of the company’s stock after acquiring an additional 1,091 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Bitwise Bitcoin ETF were worth $120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of BITB. Proficio Capital Partners LLC raised its holdings in shares of Bitwise Bitcoin ETF by 6,348.2% in the 4th quarter. Proficio Capital Partners LLC now owns 2,102,749 shares of the company’s stock worth $106,925,000 after buying an additional 2,070,139 shares in the last quarter. HBK Investments L P raised its stake in Bitwise Bitcoin ETF by 5.7% during the third quarter. HBK Investments L P now owns 850,554 shares of the company’s stock worth $29,421,000 after acquiring an additional 46,124 shares in the last quarter. RPO LLC raised its stake in Bitwise Bitcoin ETF by 3.2% during the third quarter. RPO LLC now owns 304,385 shares of the company’s stock worth $10,529,000 after acquiring an additional 9,300 shares in the last quarter. Orion Portfolio Solutions LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 4,033.4% during the third quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock valued at $9,585,000 after acquiring an additional 270,396 shares during the period. Finally, RPg Family Wealth Advisory LLC boosted its stake in shares of Bitwise Bitcoin ETF by 1.4% in the 3rd quarter. RPg Family Wealth Advisory LLC now owns 228,807 shares of the company’s stock valued at $7,914,000 after purchasing an additional 3,220 shares in the last quarter.

Bitwise Bitcoin ETF Trading Up 5.7 %

Shares of Bitwise Bitcoin ETF stock opened at $46.08 on Monday. Bitwise Bitcoin ETF has a 12-month low of $27.02 and a 12-month high of $59.07. The company has a 50-day simple moving average of $51.72 and a 200 day simple moving average of $45.74.

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.