Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Stock Price Down 2.1% – What’s Next?

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) was down 2.1% during trading on Friday . The stock traded as low as $16.86 and last traded at $16.87. 1,329 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 12,678 shares. The stock had previously closed at $17.24.

Bitwise Bitcoin Standard Corporations ETF Trading Down 2.1%

The firm has a market cap of $14.00 million, a P/E ratio of 20.01 and a beta of 3.16. The business’s 50-day moving average is $20.01 and its two-hundred day moving average is $20.07.

Hedge Funds Weigh In On Bitwise Bitcoin Standard Corporations ETF

Several institutional investors have recently made changes to their positions in the stock. Orion Porfolio Solutions LLC lifted its holdings in shares of Bitwise Bitcoin Standard Corporations ETF by 17.6% in the 4th quarter. Orion Porfolio Solutions LLC now owns 109,271 shares of the company’s stock worth $2,346,000 after purchasing an additional 16,376 shares during the last quarter. Citadel Advisors LLC acquired a new position in Bitwise Bitcoin Standard Corporations ETF during the 3rd quarter valued at approximately $1,245,000. Jane Street Group LLC acquired a new position in Bitwise Bitcoin Standard Corporations ETF during the 2nd quarter valued at approximately $1,085,000. Ankerstar Wealth LLC bought a new position in Bitwise Bitcoin Standard Corporations ETF during the 4th quarter worth $40,000. Finally, Brookwood Investment Group LLC grew its stake in Bitwise Bitcoin Standard Corporations ETF by 35.7% during the 4th quarter. Brookwood Investment Group LLC now owns 9,468 shares of the company’s stock worth $203,000 after buying an additional 2,491 shares during the last quarter.

About Bitwise Bitcoin Standard Corporations ETF

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.