Bitwise Bitcoin ETF (NYSEARCA:BITB) Stake Trimmed by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 18.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,382 shares of the company’s stock after selling 4,290 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Bitwise Bitcoin ETF were worth $986,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Gleason Group Inc. purchased a new stake in Bitwise Bitcoin ETF in the 4th quarter worth about $25,000. VisionPoint Advisory Group LLC acquired a new position in shares of Bitwise Bitcoin ETF in the 4th quarter valued at about $56,000. Hollencrest Capital Management lifted its position in shares of Bitwise Bitcoin ETF by 257.2% in the fourth quarter. Hollencrest Capital Management now owns 1,518 shares of the company’s stock worth $77,000 after purchasing an additional 1,093 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Bitwise Bitcoin ETF by 85.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,369 shares of the company’s stock worth $120,000 after purchasing an additional 1,091 shares during the period. Finally, Avior Wealth Management LLC boosted its holdings in shares of Bitwise Bitcoin ETF by 52.1% during the fourth quarter. Avior Wealth Management LLC now owns 3,042 shares of the company’s stock worth $155,000 after purchasing an additional 1,042 shares during the period.

Bitwise Bitcoin ETF Trading Up 3.1 %

Bitwise Bitcoin ETF stock opened at $46.27 on Wednesday. Bitwise Bitcoin ETF has a twelve month low of $27.02 and a twelve month high of $59.07. The firm’s 50 day moving average price is $49.91 and its two-hundred day moving average price is $47.00.

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.