Earned Wealth Advisors LLC Takes $966,000 Position in Bitwise Bitcoin ETF $BITB

Earned Wealth Advisors LLC bought a new stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 20,320 shares of the company’s stock, valued at approximately $966,000.

Other large investors also recently modified their holdings of the company. Private Trust Co. NA acquired a new stake in shares of Bitwise Bitcoin ETF during the third quarter valued at about $29,000. North Star Investment Management Corp. grew its stake in shares of Bitwise Bitcoin ETF by 85.6% during the third quarter. North Star Investment Management Corp. now owns 618 shares of the company’s stock valued at $38,000 after acquiring an additional 285 shares in the last quarter. Founders Capital Management grew its stake in shares of Bitwise Bitcoin ETF by 105.9% during the fourth quarter. Founders Capital Management now owns 700 shares of the company’s stock valued at $33,000 after acquiring an additional 360 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in shares of Bitwise Bitcoin ETF during the fourth quarter valued at about $34,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of Bitwise Bitcoin ETF by 722.1% during the third quarter. Geneos Wealth Management Inc. now owns 781 shares of the company’s stock valued at $49,000 after acquiring an additional 686 shares in the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of Bitwise Bitcoin ETF stock opened at $42.09 on Monday. The business has a 50-day moving average of $37.85 and a 200-day moving average of $47.11. Bitwise Bitcoin ETF has a 1-year low of $33.81 and a 1-year high of $68.74.

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.