Soltis Investment Advisors LLC Sells 68,670 Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB)

Soltis Investment Advisors LLC lowered its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 71.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,200 shares of the company’s stock after selling 68,670 shares during the period. Soltis Investment Advisors LLC’s holdings in Bitwise Bitcoin ETF were worth $1,383,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BITB. Gleason Group Inc. purchased a new stake in Bitwise Bitcoin ETF during the 4th quarter valued at $25,000. Fairway Wealth LLC lifted its position in shares of Bitwise Bitcoin ETF by 258.1% in the 3rd quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock worth $38,000 after purchasing an additional 800 shares during the period. Avior Wealth Management LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the 3rd quarter worth about $69,000. Farther Finance Advisors LLC lifted its position in shares of Bitwise Bitcoin ETF by 6,150.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after purchasing an additional 2,460 shares during the period. Finally, Allworth Financial LP lifted its position in shares of Bitwise Bitcoin ETF by 381.5% in the 3rd quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock worth $88,000 after purchasing an additional 2,026 shares during the period.

Bitwise Bitcoin ETF Stock Up 1.6 %

NYSEARCA:BITB opened at $52.99 on Tuesday. The company has a 50-day moving average price of $53.94 and a 200-day moving average price of $42.88. Bitwise Bitcoin ETF has a 12 month low of $26.27 and a 12 month high of $59.07.

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.