CWA Asset Management Group LLC Purchases New Position in Bitwise Ethereum ETF $ETHW

CWA Asset Management Group LLC purchased a new stake in Bitwise Ethereum ETF (NYSEARCA:ETHW) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 56,763 shares of the company’s stock, valued at approximately $1,207,000. CWA Asset Management Group LLC owned 0.36% of Bitwise Ethereum ETF at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of ETHW. Geneos Wealth Management Inc. acquired a new stake in shares of Bitwise Ethereum ETF during the 3rd quarter worth approximately $26,000. Private Wealth Asset Management LLC lifted its stake in shares of Bitwise Ethereum ETF by 50.0% in the 3rd quarter. Private Wealth Asset Management LLC now owns 1,500 shares of the company’s stock valued at $45,000 after purchasing an additional 500 shares during the period. Osaic Holdings Inc. acquired a new position in shares of Bitwise Ethereum ETF in the 2nd quarter valued at $66,000. Wealth Watch Advisors INC purchased a new stake in Bitwise Ethereum ETF during the third quarter worth $192,000. Finally, Twelve Points Wealth Management LLC purchased a new stake in Bitwise Ethereum ETF during the third quarter worth $206,000.

Bitwise Ethereum ETF Stock Performance

ETHW stock opened at $15.25 on Monday. Bitwise Ethereum ETF has a one year low of $10.42 and a one year high of $34.84. The firm’s fifty day moving average is $16.88 and its 200 day moving average is $22.65.

Bitwise Ethereum ETF Profile

The Bitwise Ethereum ETF (ETHW) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Ether (ETH). It will hold Ether directly, secured through a multi-layer cold storage wallet. ETHW was launched on Jul 22, 2024 and is issued by Bitwise.