Bitwise Bitcoin ETF $BITB Shares Purchased by Balance Wealth LLC

Balance Wealth LLC raised its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 65.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,308 shares of the company’s stock after buying an additional 22,567 shares during the quarter. Bitwise Bitcoin ETF comprises about 0.9% of Balance Wealth LLC’s investment portfolio, making the stock its 22nd biggest position. Balance Wealth LLC owned about 0.08% of Bitwise Bitcoin ETF worth $2,726,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Gunderson Capital Management Inc. grew its holdings in Bitwise Bitcoin ETF by 4.7% during the 3rd quarter. Gunderson Capital Management Inc. now owns 4,120 shares of the company’s stock valued at $256,000 after buying an additional 184 shares during the last quarter. Advisory Resource Group grew its holdings in Bitwise Bitcoin ETF by 5.3% during the 3rd quarter. Advisory Resource Group now owns 3,705 shares of the company’s stock valued at $231,000 after buying an additional 185 shares during the last quarter. Weaver Consulting Group grew its holdings in Bitwise Bitcoin ETF by 5.7% during the 3rd quarter. Weaver Consulting Group now owns 3,753 shares of the company’s stock valued at $234,000 after buying an additional 202 shares during the last quarter. Leverty Financial Group LLC grew its holdings in Bitwise Bitcoin ETF by 2.4% during the 3rd quarter. Leverty Financial Group LLC now owns 9,409 shares of the company’s stock valued at $585,000 after buying an additional 224 shares during the last quarter. Finally, Focus Partners Wealth grew its holdings in Bitwise Bitcoin ETF by 0.8% during the 1st quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock valued at $1,318,000 after buying an additional 244 shares during the last quarter.

Bitwise Bitcoin ETF Price Performance

Shares of Bitwise Bitcoin ETF stock opened at $37.47 on Wednesday. Bitwise Bitcoin ETF has a fifty-two week low of $33.81 and a fifty-two week high of $68.74. The business’s fifty day moving average is $38.13 and its two-hundred day moving average is $48.29.

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.