CWA Asset Management Group LLC Invests $1.21 Million in Bitwise Ethereum ETF $ETHW

CWA Asset Management Group LLC purchased a new position in shares of Bitwise Ethereum ETF (NYSEARCA:ETHW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 56,763 shares of the company’s stock, valued at approximately $1,207,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ETHW. Geneos Wealth Management Inc. acquired a new stake in Bitwise Ethereum ETF in the 3rd quarter worth about $26,000. Private Wealth Asset Management LLC raised its holdings in shares of Bitwise Ethereum ETF by 50.0% during the third quarter. Private Wealth Asset Management LLC now owns 1,500 shares of the company’s stock valued at $45,000 after acquiring an additional 500 shares during the last quarter. Osaic Holdings Inc. purchased a new position in shares of Bitwise Ethereum ETF in the second quarter valued at approximately $66,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Bitwise Ethereum ETF in the second quarter valued at approximately $139,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of Bitwise Ethereum ETF in the third quarter worth approximately $192,000.

Bitwise Ethereum ETF Stock Down 0.5%

Shares of NYSEARCA:ETHW opened at $15.25 on Monday. Bitwise Ethereum ETF has a 1 year low of $10.42 and a 1 year high of $34.84. The business’s 50 day moving average price is $16.88 and its 200-day moving average price is $22.65.

Bitwise Ethereum ETF Profile

The Bitwise Ethereum ETF (ETHW) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Ether (ETH). It will hold Ether directly, secured through a multi-layer cold storage wallet. ETHW was launched on Jul 22, 2024 and is issued by Bitwise.