Bitwise Bitcoin ETF $BITB Shares Sold by Mason & Associates Inc

Mason & Associates Inc decreased its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 39.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,858 shares of the company’s stock after selling 15,346 shares during the period. Mason & Associates Inc’s holdings in Bitwise Bitcoin ETF were worth $862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Beam Wealth Advisors Inc. grew its stake in Bitwise Bitcoin ETF by 6.3% during the 1st quarter. Beam Wealth Advisors Inc. now owns 113,163 shares of the company’s stock valued at $4,166,000 after purchasing an additional 6,751 shares during the last quarter. Meitav Investment House Ltd. raised its stake in shares of Bitwise Bitcoin ETF by 45.1% in the first quarter. Meitav Investment House Ltd. now owns 86,884 shares of the company’s stock worth $3,198,000 after purchasing an additional 26,989 shares during the last quarter. Advance Capital Management Inc. lifted its holdings in shares of Bitwise Bitcoin ETF by 31.5% during the first quarter. Advance Capital Management Inc. now owns 57,352 shares of the company’s stock worth $2,111,000 after purchasing an additional 13,746 shares during the period. Private Wealth Partners LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 55.5% during the first quarter. Private Wealth Partners LLC now owns 26,670 shares of the company’s stock worth $982,000 after purchasing an additional 9,520 shares during the period. Finally, Revisor Wealth Management LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 167.3% during the first quarter. Revisor Wealth Management LLC now owns 27,982 shares of the company’s stock worth $1,030,000 after purchasing an additional 17,514 shares during the period.

Bitwise Bitcoin ETF Trading Up 1.6%

Shares of NYSEARCA BITB opened at $34.31 on Friday. Bitwise Bitcoin ETF has a 52 week low of $31.49 and a 52 week high of $68.74. The business’s 50 day moving average price is $37.58 and its 200 day moving average price is $40.33.

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.