Bitwise Bitcoin ETF $BITB Shares Sold by Advance Capital Management Inc.

Advance Capital Management Inc. decreased its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 48.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 43,606 shares of the company’s stock after selling 40,493 shares during the period. Advance Capital Management Inc.’s holdings in Bitwise Bitcoin ETF were worth $2,074,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BITB. Gunderson Capital Management Inc. boosted its position in shares of Bitwise Bitcoin ETF by 4.7% during the 3rd quarter. Gunderson Capital Management Inc. now owns 4,120 shares of the company’s stock valued at $256,000 after purchasing an additional 184 shares in the last quarter. Advisory Resource Group lifted its stake in Bitwise Bitcoin ETF by 5.3% during the third quarter. Advisory Resource Group now owns 3,705 shares of the company’s stock valued at $231,000 after purchasing an additional 185 shares during the last quarter. Weaver Consulting Group lifted its stake in Bitwise Bitcoin ETF by 5.7% during the third quarter. Weaver Consulting Group now owns 3,753 shares of the company’s stock valued at $234,000 after purchasing an additional 202 shares during the last quarter. Leverty Financial Group LLC boosted its holdings in Bitwise Bitcoin ETF by 2.4% during the third quarter. Leverty Financial Group LLC now owns 9,409 shares of the company’s stock worth $585,000 after buying an additional 224 shares in the last quarter. Finally, Focus Partners Wealth boosted its holdings in Bitwise Bitcoin ETF by 0.8% during the first quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock worth $1,318,000 after buying an additional 244 shares in the last quarter.

Bitwise Bitcoin ETF Stock Performance

Bitwise Bitcoin ETF stock opened at $38.16 on Friday. Bitwise Bitcoin ETF has a 1 year low of $33.81 and a 1 year high of $68.74. The firm’s 50 day moving average price is $41.44 and its two-hundred day moving average price is $50.69.

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.