Personal CFO Solutions LLC Takes Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Personal CFO Solutions LLC acquired a new stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,684 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds have also recently modified their holdings of BITB. Gleason Group Inc. purchased a new position in shares of Bitwise Bitcoin ETF during the 4th quarter valued at $25,000. VisionPoint Advisory Group LLC purchased a new position in shares of Bitwise Bitcoin ETF during the 4th quarter valued at $56,000. Avior Wealth Management LLC purchased a new position in shares of Bitwise Bitcoin ETF during the 3rd quarter valued at $69,000. Farther Finance Advisors LLC lifted its stake in Bitwise Bitcoin ETF by 6,150.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after purchasing an additional 2,460 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in Bitwise Bitcoin ETF by 85.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,369 shares of the company’s stock worth $120,000 after purchasing an additional 1,091 shares in the last quarter.

Bitwise Bitcoin ETF Trading Down 9.2 %

Shares of BITB stock opened at $42.99 on Tuesday. Bitwise Bitcoin ETF has a 52 week low of $27.02 and a 52 week high of $59.07. The company’s fifty day simple moving average is $52.28 and its two-hundred day simple moving average is $45.43.

Bitwise Bitcoin ETF Company 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.