Broadhurst Jeffrey B Buys Shares of 23,567 Bitwise Bitcoin ETF $BITB

Broadhurst Jeffrey B purchased a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,567 shares of the company’s stock, valued at approximately $868,000. Bitwise Bitcoin ETF makes up approximately 0.9% of Broadhurst Jeffrey B’s holdings, making the stock its 26th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Focus Partners Wealth boosted its stake in Bitwise Bitcoin ETF by 0.8% during the 1st quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock valued at $1,318,000 after acquiring an additional 244 shares during the last quarter. Captrust Financial Advisors increased its position in shares of Bitwise Bitcoin ETF by 1.7% in the 2nd quarter. Captrust Financial Advisors now owns 15,127 shares of the company’s stock worth $886,000 after purchasing an additional 255 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Bitwise Bitcoin ETF by 5.4% in the 1st quarter. Parallel Advisors LLC now owns 5,905 shares of the company’s stock valued at $217,000 after purchasing an additional 303 shares in the last quarter. NewEdge Wealth LLC raised its stake in shares of Bitwise Bitcoin ETF by 4.3% in the 4th quarter. NewEdge Wealth LLC now owns 7,609 shares of the company’s stock valued at $362,000 after purchasing an additional 312 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Bitwise Bitcoin ETF by 6.3% during the third quarter. Integrated Wealth Concepts LLC now owns 5,358 shares of the company’s stock worth $333,000 after purchasing an additional 319 shares during the last quarter.

Bitwise Bitcoin ETF Trading Down 0.9%

NYSEARCA:BITB opened at $34.84 on Friday. Bitwise Bitcoin ETF has a one year low of $31.49 and a one year high of $68.74. The stock has a 50-day simple moving average of $35.76 and a 200 day simple moving average of $39.41.

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.