Highline Wealth Partners LLC Buys 2,501 Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB)

Highline Wealth Partners LLC lifted its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,530 shares of the company’s stock after acquiring an additional 2,501 shares during the period. Bitwise Bitcoin ETF makes up about 1.2% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 25th largest holding. Highline Wealth Partners LLC’s holdings in Bitwise Bitcoin ETF were worth $3,637,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Fairway Wealth LLC raised its stake in shares of Bitwise Bitcoin ETF by 258.1% during the 3rd quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock worth $38,000 after purchasing an additional 800 shares in the last quarter. Morton Capital Management LLC CA raised its holdings 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 valued at $296,000 after purchasing an additional 892 shares during the period. Silver Oak Securities Incorporated lifted its stake in Bitwise Bitcoin ETF by 9.9% in the 3rd quarter. Silver Oak Securities Incorporated now owns 11,407 shares of the company’s stock valued at $408,000 after purchasing an additional 1,027 shares during the last quarter. Summit Wealth Partners LLC grew its holdings in Bitwise Bitcoin ETF by 3.9% during the third quarter. Summit Wealth Partners LLC now owns 32,277 shares of the company’s stock worth $1,116,000 after purchasing an additional 1,217 shares during the period. Finally, Creative Planning increased its position in Bitwise Bitcoin ETF by 3.3% during the second quarter. Creative Planning now owns 39,875 shares of the company’s stock worth $1,304,000 after buying an additional 1,274 shares during the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of NYSEARCA BITB traded up $0.52 during midday trading on Friday, hitting $51.63. 987,830 shares of the company’s stock were exchanged, compared to its average volume of 2,050,417. Bitwise Bitcoin ETF has a 12 month low of $21.05 and a 12 month high of $59.07. The company’s 50 day moving average price is $50.87 and its 200 day moving average price is $39.75.

Bitwise Bitcoin ETF Company 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.