17,150 Shares in Bitwise Bitcoin ETF $BITB Bought by Private Wealth Partners LLC

Private Wealth Partners LLC bought a new position in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 17,150 shares of the company’s stock, valued at approximately $816,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Gunderson Capital Management Inc. boosted its stake in Bitwise Bitcoin ETF by 4.7% in the 3rd quarter. Gunderson Capital Management Inc. now owns 4,120 shares of the company’s stock worth $256,000 after purchasing an additional 184 shares during the period. Advisory Resource Group boosted its stake in Bitwise Bitcoin ETF by 5.3% in the 3rd quarter. Advisory Resource Group now owns 3,705 shares of the company’s stock worth $231,000 after purchasing an additional 185 shares during the period. Weaver Consulting Group boosted its stake in Bitwise Bitcoin ETF by 5.7% in the 3rd quarter. Weaver Consulting Group now owns 3,753 shares of the company’s stock worth $234,000 after purchasing an additional 202 shares during the period. Focus Partners Wealth boosted its stake in Bitwise Bitcoin ETF by 0.8% in the 1st quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock worth $1,318,000 after purchasing an additional 244 shares during the period. Finally, Captrust Financial Advisors boosted its stake in Bitwise Bitcoin ETF by 1.7% in the 2nd quarter. Captrust Financial Advisors now owns 15,127 shares of the company’s stock worth $886,000 after purchasing an additional 255 shares during the period.

Bitwise Bitcoin ETF Price Performance

Shares of NYSEARCA:BITB opened at $41.46 on Tuesday. The company’s 50-day moving average price is $37.91 and its two-hundred day moving average price is $46.93. Bitwise Bitcoin ETF has a one year low of $33.81 and a one year 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.