Kingsview Wealth Management LLC lowered its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 30.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 63,967 shares of the company’s stock after selling 28,245 shares during the period. Kingsview Wealth Management LLC’s holdings in Bitwise Bitcoin ETF were worth $3,042,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Founders Capital Management grew its stake in 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 purchased a new position in Bitwise Bitcoin ETF during the fourth quarter valued at approximately $34,000. Lodestone Wealth Management LLC purchased a new position in Bitwise Bitcoin ETF during the fourth quarter valued at approximately $38,000. EverSource Wealth Advisors LLC grew its stake in Bitwise Bitcoin ETF by 262.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 888 shares of the company’s stock valued at $42,000 after acquiring an additional 643 shares in the last quarter. Finally, Caitlin John LLC purchased a new position in Bitwise Bitcoin ETF in the 3rd quarter worth approximately $49,000.
Bitwise Bitcoin ETF Price Performance
BITB stock opened at $39.87 on Friday. Bitwise Bitcoin ETF has a one year low of $33.81 and a one year high of $68.74. The firm has a 50 day simple moving average of $40.49 and a two-hundred day simple moving average of $43.52.
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.
Read More
- Five stocks we like better than Bitwise Bitcoin ETF
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Want to see what other hedge funds are holding BITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report).
Receive News & Ratings for Bitwise Bitcoin ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bitwise Bitcoin ETF and related companies with MarketBeat.com's FREE daily email newsletter.
