Vise Technologies Inc. cut its position in Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 12.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 431,480 shares of the company’s stock after selling 64,124 shares during the quarter. Vise Technologies Inc.’s holdings in Bitwise Bitcoin ETF were worth $19,572,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. increased its holdings in Bitwise Bitcoin ETF by 53.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,202 shares of the company’s stock valued at $44,000 after purchasing an additional 421 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Bitwise Bitcoin ETF by 39.4% during the first quarter. EverSource Wealth Advisors LLC now owns 1,238 shares of the company’s stock worth $46,000 after buying an additional 350 shares during the last quarter. Foresight Capital Management Advisors Inc. bought a new position in Bitwise Bitcoin ETF during the third quarter worth $89,000. Fifth Third Bancorp acquired a new position in shares of Bitwise Bitcoin ETF in the first quarter valued at about $168,000. Finally, Shore Point Advisors LLC acquired a new position in Bitwise Bitcoin ETF in the third quarter valued at about $203,000.
Bitwise Bitcoin ETF Stock Down 5.1%
Shares of BITB opened at $41.57 on Friday. The business has a 50-day simple moving average of $43.97 and a two-hundred day simple moving average of $39.84. Bitwise Bitcoin ETF has a 12-month low of $31.49 and a 12-month high of $60.38.
Bitwise Bitcoin ETF 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.
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