Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Acquired by Fairway Wealth LLC

Fairway Wealth LLC raised its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 258.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,110 shares of the company’s stock after buying an additional 800 shares during the period. Fairway Wealth LLC’s holdings in Bitwise Bitcoin ETF were worth $38,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BITB. Brookstone Capital Management increased its stake in shares of Bitwise Bitcoin ETF by 5.2% during the second quarter. Brookstone Capital Management now owns 9,716 shares of the company’s stock valued at $342,000 after acquiring an additional 482 shares during the period. New Harbor Financial Group LLC increased its position in shares of Bitwise Bitcoin ETF by 3.0% during the 2nd quarter. New Harbor Financial Group LLC now owns 20,642 shares of the company’s stock valued at $675,000 after purchasing an additional 600 shares during the period. Morton Capital Management LLC CA raised its stake in shares of Bitwise Bitcoin ETF by 11.6% in the 3rd quarter. Morton Capital Management LLC CA now owns 8,566 shares of the company’s stock worth $296,000 after buying an additional 892 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Bitwise Bitcoin ETF in the second quarter valued at $33,000. Finally, Silver Oak Securities Incorporated lifted its holdings in shares of Bitwise Bitcoin ETF by 9.9% in the third quarter. Silver Oak Securities Incorporated now owns 11,407 shares of the company’s stock valued at $408,000 after buying an additional 1,027 shares during the period.

Bitwise Bitcoin ETF Stock Up 0.3 %

NYSEARCA:BITB opened at $41.83 on Friday. Bitwise Bitcoin ETF has a 52-week low of $21.05 and a 52-week high of $42.15. The business’s 50-day moving average price is $34.99 and its 200 day moving average price is $34.69.

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.