Bitwise Bitcoin ETF $BITB Shares Purchased by Magnus Financial Group LLC

Magnus Financial Group LLC increased its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 25.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 311,959 shares of the company’s stock after purchasing an additional 62,757 shares during the period. Bitwise Bitcoin ETF makes up 1.1% of Magnus Financial Group LLC’s holdings, making the stock its 20th biggest position. Magnus Financial Group LLC owned approximately 0.45% of Bitwise Bitcoin ETF worth $14,837,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC purchased a new stake in Bitwise Bitcoin ETF in the fourth quarter valued at $516,000. Focus Partners Wealth raised its stake in shares of Bitwise Bitcoin ETF by 0.8% during the 1st quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock valued at $1,318,000 after buying an additional 244 shares during the last quarter. Creative Planning lifted its holdings in shares of Bitwise Bitcoin ETF by 10.8% in the 2nd quarter. Creative Planning now owns 63,990 shares of the company’s stock valued at $3,749,000 after buying an additional 6,226 shares during the period. Personal CFO Solutions LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 6.1% in the 2nd quarter. Personal CFO Solutions LLC now owns 5,238 shares of the company’s stock valued at $307,000 after buying an additional 303 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Bitwise Bitcoin ETF by 1,519.0% in the second quarter. JPMorgan Chase & Co. now owns 50,076 shares of the company’s stock worth $2,934,000 after buying an additional 46,983 shares during the last quarter.

Bitwise Bitcoin ETF Stock Down 0.1%

Bitwise Bitcoin ETF stock opened at $38.13 on Friday. The business’s 50-day moving average price is $41.22 and its 200 day moving average price is $50.48. Bitwise Bitcoin ETF has a 52 week low of $33.81 and a 52 week high of $68.74.

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.