Diversify Wealth Management LLC acquired a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 29,608 shares of the company’s stock, valued at approximately $1,090,000.
Several other large investors have also recently added to or reduced their stakes in BITB. GeoWealth Management LLC bought a new stake in Bitwise Bitcoin ETF during the fourth quarter valued at $32,000. Founders Capital Management lifted its position in shares of Bitwise Bitcoin ETF by 105.9% in the 4th quarter. Founders Capital Management now owns 700 shares of the company’s stock worth $33,000 after buying an additional 360 shares during the last quarter. Princeton Global Asset Management LLC bought a new position in shares of Bitwise Bitcoin ETF in the 4th quarter worth about $34,000. Lodestone Wealth Management LLC acquired a new position in shares of Bitwise Bitcoin ETF in the 4th quarter valued at about $38,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Bitwise Bitcoin ETF by 262.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 888 shares of the company’s stock valued at $42,000 after buying an additional 643 shares during the period.
Bitwise Bitcoin ETF Stock Up 0.6%
Shares of NYSEARCA:BITB opened at $35.25 on Thursday. Bitwise Bitcoin ETF has a fifty-two week low of $31.49 and a fifty-two week high of $68.74. The firm has a 50-day simple moving average of $36.93 and a 200 day simple moving average of $39.96.
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.
Recommended Stories
- Five stocks we like better than Bitwise Bitcoin ETF
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
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.
