20,320 Shares in Bitwise Bitcoin ETF $BITB Purchased by O Dell Group LLC

O Dell Group LLC bought a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 20,320 shares of the company’s stock, valued at approximately $1,264,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BITB. Brown Miller Wealth Management LLC acquired a new position in shares of Bitwise Bitcoin ETF in the third quarter valued at approximately $773,000. Crown Wealth Group LLC purchased a new stake in Bitwise Bitcoin ETF in the 2nd quarter worth approximately $214,000. Cora Capital Advisors LLC purchased a new stake in Bitwise Bitcoin ETF in the 2nd quarter worth approximately $220,000. Advisory Resource Group acquired a new position in Bitwise Bitcoin ETF in the 2nd quarter valued at $206,000. Finally, Pasadena Private Wealth LLC lifted its stake in shares of Bitwise Bitcoin ETF by 17.1% during the 2nd quarter. Pasadena Private Wealth LLC now owns 7,705 shares of the company’s stock worth $451,000 after purchasing an additional 1,125 shares during the period.

Bitwise Bitcoin ETF Stock Performance

BITB stock opened at $51.34 on Wednesday. Bitwise Bitcoin ETF has a 52-week low of $41.17 and a 52-week high of $68.74. The stock’s fifty day simple moving average is $49.64 and its 200-day simple moving average is $57.67.

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.