Kintra Wealth LLC Takes $2.10 Million Position in Bitwise Crypto Industry Innovators ETF $BITQ

Kintra Wealth LLC bought a new stake in Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 92,032 shares of the company’s stock, valued at approximately $2,102,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BITQ. HB Wealth Management LLC purchased a new position in Bitwise Crypto Industry Innovators ETF in the 2nd quarter worth $208,000. Gainplan LLC grew its stake in Bitwise Crypto Industry Innovators ETF by 21.6% during the 2nd quarter. Gainplan LLC now owns 54,625 shares of the company’s stock valued at $1,338,000 after purchasing an additional 9,715 shares during the last quarter. Avior Wealth Management LLC acquired a new position in shares of Bitwise Crypto Industry Innovators ETF in the second quarter valued at about $323,000. Keel Point LLC increased its holdings in shares of Bitwise Crypto Industry Innovators ETF by 18.0% in the first quarter. Keel Point LLC now owns 15,120 shares of the company’s stock valued at $285,000 after purchasing an additional 2,308 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of Bitwise Crypto Industry Innovators ETF by 15.0% in the first quarter. Royal Bank of Canada now owns 304,490 shares of the company’s stock valued at $5,743,000 after purchasing an additional 39,811 shares during the period.

Bitwise Crypto Industry Innovators ETF Stock Down 0.6%

Shares of NYSEARCA:BITQ opened at $26.62 on Friday. Bitwise Crypto Industry Innovators ETF has a 52-week low of $16.65 and a 52-week high of $31.45. The stock has a market cap of $446.42 million, a price-to-earnings ratio of 27.61 and a beta of 3.14. The business has a 50-day moving average price of $23.88 and a 200-day moving average price of $23.63.

Bitwise Crypto Industry Innovators ETF Profile

The Bitwise Crypto Industry Innovators ETF (BITQ) is an exchange-traded fund that is based on the Bitwise Crypto Innovators 30 index. The fund is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy. BITQ was launched on May 11, 2021 and is managed by Bitwise.