HBW Advisory Services LLC Makes New $346,000 Investment in Bitwise Bitcoin ETF (NYSEARCA:BITB)

HBW Advisory Services LLC acquired a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 6,814 shares of the company’s stock, valued at approximately $346,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Fairway Wealth LLC boosted its position in Bitwise Bitcoin ETF by 258.1% during the third quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock valued at $38,000 after purchasing an additional 800 shares during the last quarter. Morton Capital Management LLC CA boosted its holdings in shares of Bitwise Bitcoin ETF by 11.6% in the 3rd quarter. Morton Capital Management LLC CA now owns 8,566 shares of the company’s stock valued at $296,000 after buying an additional 892 shares during the last quarter. Silver Oak Securities Incorporated boosted its holdings in shares of Bitwise Bitcoin ETF by 9.9% in the 3rd quarter. Silver Oak Securities Incorporated now owns 11,407 shares of the company’s stock valued at $408,000 after buying an additional 1,027 shares during the last quarter. Summit Wealth Partners LLC grew its stake in shares of Bitwise Bitcoin ETF by 3.9% in the third quarter. Summit Wealth Partners LLC now owns 32,277 shares of the company’s stock valued at $1,116,000 after buying an additional 1,217 shares in the last quarter. Finally, Creative Planning increased its holdings in Bitwise Bitcoin ETF by 3.3% during the second quarter. Creative Planning now owns 39,875 shares of the company’s stock worth $1,304,000 after buying an additional 1,274 shares during the last quarter.

Bitwise Bitcoin ETF Trading Up 0.9 %

Shares of BITB stock opened at $51.59 on Friday. The company has a fifty day moving average price of $51.15 and a two-hundred day moving average price of $39.83. Bitwise Bitcoin ETF has a one year low of $21.05 and a one year high of $59.07.

Bitwise Bitcoin ETF 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.