Ieq Capital LLC Increases Stock Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Ieq Capital LLC boosted its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 66.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,247 shares of the company’s stock after purchasing an additional 22,782 shares during the period. Ieq Capital LLC’s holdings in Bitwise Bitcoin ETF were worth $2,911,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BITB. Gleason Group Inc. acquired a new position in shares of Bitwise Bitcoin ETF in the 4th quarter valued at $25,000. Fairway Wealth LLC raised its holdings in Bitwise Bitcoin ETF by 258.1% in the 3rd quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock valued at $38,000 after buying an additional 800 shares during the period. Avior Wealth Management LLC acquired a new position in Bitwise Bitcoin ETF in the third quarter valued at about $69,000. Farther Finance Advisors LLC boosted its stake in Bitwise Bitcoin ETF by 6,150.0% during the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after buying an additional 2,460 shares during the period. Finally, Allworth Financial LP increased its position in shares of Bitwise Bitcoin ETF by 381.5% during the third quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock valued at $88,000 after acquiring an additional 2,026 shares during the last quarter.

Bitwise Bitcoin ETF Price Performance

Bitwise Bitcoin ETF stock opened at $51.63 on Friday. The company’s 50 day simple moving average is $53.69 and its 200-day simple moving average is $44.10. Bitwise Bitcoin ETF has a 1 year low of $27.02 and a 1 year high of $59.07.

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.