25,142 Shares in Bitwise Bitcoin ETF $BITB Purchased by Wavvest Wealth LLC

Wavvest Wealth LLC acquired a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 25,142 shares of the company’s stock, valued at approximately $1,140,000.

Other institutional investors have also made changes to their positions in the company. Sowell Financial Services LLC increased its stake in Bitwise Bitcoin ETF by 10.0% in the 3rd quarter. Sowell Financial Services LLC now owns 16,324 shares of the company’s stock valued at $740,000 after buying an additional 1,487 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of Bitwise Bitcoin ETF by 18.0% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 7,664 shares of the company’s stock worth $348,000 after buying an additional 1,169 shares during the last quarter. Independent Wealth Network Inc. acquired a new position in shares of Bitwise Bitcoin ETF during the 3rd quarter worth about $222,000. Onyx Bridge Wealth Group LLC boosted its stake in shares of Bitwise Bitcoin ETF by 5.4% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 9,723 shares of the company’s stock worth $441,000 after buying an additional 495 shares during the last quarter. Finally, CRA Financial Services LLC boosted its stake in shares of Bitwise Bitcoin ETF by 2.5% during the 3rd quarter. CRA Financial Services LLC now owns 13,852 shares of the company’s stock worth $628,000 after buying an additional 335 shares during the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of NYSEARCA BITB opened at $45.82 on Thursday. The business has a 50-day moving average of $43.04 and a 200-day moving average of $39.40. Bitwise Bitcoin ETF has a fifty-two week low of $31.49 and a fifty-two week high of $63.16.

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.