Beaird Harris Wealth Management LLC lifted its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 18.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 768,789 shares of the company’s stock after buying an additional 122,276 shares during the quarter. Bitwise Bitcoin ETF makes up about 2.5% of Beaird Harris Wealth Management LLC’s holdings, making the stock its 16th biggest holding. Beaird Harris Wealth Management LLC owned 1.10% of Bitwise Bitcoin ETF worth $36,564,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of Bitwise Bitcoin ETF by 12.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 142,317 shares of the company’s stock worth $8,855,000 after purchasing an additional 16,041 shares during the last quarter. Balance Wealth LLC raised its holdings in Bitwise Bitcoin ETF by 65.0% in the fourth quarter. Balance Wealth LLC now owns 57,308 shares of the company’s stock worth $2,726,000 after buying an additional 22,567 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in Bitwise Bitcoin ETF by 1,393.9% in the fourth quarter. Financial Management Professionals Inc. now owns 101,484 shares of the company’s stock worth $4,827,000 after buying an additional 94,691 shares during the last quarter. Wealthstar Advisors LLC lifted its stake in shares of Bitwise Bitcoin ETF by 215.9% in the fourth quarter. Wealthstar Advisors LLC now owns 22,240 shares of the company’s stock worth $1,058,000 after buying an additional 15,200 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Bitwise Bitcoin ETF by 35.5% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 62,850 shares of the company’s stock valued at $2,989,000 after buying an additional 16,463 shares during the last quarter.
Bitwise Bitcoin ETF Price Performance
Shares of BITB opened at $34.13 on Friday. The firm has a 50 day moving average of $39.85 and a 200 day moving average of $41.93. Bitwise Bitcoin ETF has a twelve month low of $32.10 and a twelve month high of $68.74.
About Bitwise Bitcoin ETF
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.
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