Bitwise Bitcoin ETF (NYSEARCA:BITB) Holdings Increased by Brandywine Oak Private Wealth LLC

Brandywine Oak Private Wealth LLC increased its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 40.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,672 shares of the company’s stock after acquiring an additional 3,339 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in Bitwise Bitcoin ETF were worth $594,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in BITB. CWM LLC raised its position in Bitwise Bitcoin ETF by 56.3% in the third quarter. CWM LLC now owns 22,548 shares of the company’s stock worth $780,000 after acquiring an additional 8,125 shares in the last quarter. Creative Planning raised its holdings in shares of Bitwise Bitcoin ETF by 22.9% in the 3rd quarter. Creative Planning now owns 49,014 shares of the company’s stock worth $1,695,000 after purchasing an additional 9,139 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Bitwise Bitcoin ETF during the third quarter valued at approximately $341,000. Global Retirement Partners LLC boosted its holdings in Bitwise Bitcoin ETF by 22.0% during the third quarter. Global Retirement Partners LLC now owns 16,196 shares of the company’s stock worth $560,000 after buying an additional 2,918 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in Bitwise Bitcoin ETF by 6,150.0% in the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after buying an additional 2,460 shares during the last quarter.

Bitwise Bitcoin ETF Stock Down 1.5 %

NYSEARCA BITB opened at $52.97 on Thursday. The business’s fifty day moving average is $53.95 and its two-hundred day moving average is $42.54. Bitwise Bitcoin ETF has a 1 year low of $23.37 and a 1 year high of $59.07.

Bitwise Bitcoin ETF Company 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.