Bitwise Bitcoin ETF $BITB Stock Holdings Lessened by Advance Capital Management Inc.

Advance Capital Management Inc. cut its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 48.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 43,606 shares of the company’s stock after selling 40,493 shares during the period. Advance Capital Management Inc. owned about 0.06% of Bitwise Bitcoin ETF worth $2,074,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Private Trust Co. NA acquired a new stake in shares of Bitwise Bitcoin ETF during the 3rd quarter worth approximately $29,000. North Star Investment Management Corp. increased its position in Bitwise Bitcoin ETF by 85.6% in the third quarter. North Star Investment Management Corp. now owns 618 shares of the company’s stock worth $38,000 after buying an additional 285 shares during the period. Geneos Wealth Management Inc. lifted its stake in Bitwise Bitcoin ETF by 722.1% in the third quarter. Geneos Wealth Management Inc. now owns 781 shares of the company’s stock valued at $49,000 after buying an additional 686 shares during the last quarter. Caitlin John LLC bought a new stake in Bitwise Bitcoin ETF in the third quarter valued at $49,000. Finally, Root Financial Partners LLC acquired a new position in shares of Bitwise Bitcoin ETF during the third quarter valued at $52,000.

Bitwise Bitcoin ETF Stock Performance

Bitwise Bitcoin ETF stock opened at $38.16 on Friday. Bitwise Bitcoin ETF has a one year low of $33.81 and a one year high of $68.74. The company has a 50-day simple moving average of $41.44 and a 200-day simple moving average of $50.69.

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.