Proficio Capital Partners LLC Buys 22,415 Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB)

Proficio Capital Partners LLC lifted its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 219.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,610 shares of the company’s stock after buying an additional 22,415 shares during the quarter. Proficio Capital Partners LLC’s holdings in Bitwise Bitcoin ETF were worth $1,128,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Choate Investment Advisors acquired a new position in Bitwise Bitcoin ETF in the first quarter valued at about $332,000. Headlands Technologies LLC acquired a new stake in Bitwise Bitcoin ETF during the 1st quarter valued at approximately $93,000. O Dell Group LLC acquired a new stake in Bitwise Bitcoin ETF during the 1st quarter valued at approximately $658,000. Sheets Smith Wealth Management acquired a new stake in Bitwise Bitcoin ETF during the 1st quarter valued at approximately $319,000. Finally, Kingsview Wealth Management LLC acquired a new stake in Bitwise Bitcoin ETF during the 1st quarter valued at approximately $344,000.

Bitwise Bitcoin ETF Stock Up 0.3 %

Shares of BITB stock 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 firm has a 50 day moving average of $34.99 and a 200-day moving average of $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.