Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Purchased by Brandywine Oak Private Wealth LLC

Brandywine Oak Private Wealth LLC grew its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 40.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,672 shares of the company’s stock after acquiring an additional 3,339 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in Bitwise Bitcoin ETF were worth $594,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Creative Planning increased its holdings in shares of Bitwise Bitcoin ETF by 3.3% in the 2nd quarter. Creative Planning now owns 39,875 shares of the company’s stock valued at $1,304,000 after acquiring an additional 1,274 shares during the last quarter. Brookstone Capital Management boosted its holdings in Bitwise Bitcoin ETF by 20.3% in the third quarter. Brookstone Capital Management now owns 11,693 shares of the company’s stock worth $404,000 after purchasing an additional 1,977 shares during the period. Gunderson Capital Management Inc. bought a new stake in Bitwise Bitcoin ETF during the third quarter valued at $235,000. CWM LLC raised its holdings in shares of Bitwise Bitcoin ETF by 56.3% during the third quarter. CWM LLC now owns 22,548 shares of the company’s stock worth $780,000 after purchasing an additional 8,125 shares during the period. Finally, Morton Capital Management LLC CA lifted its position 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 during the last quarter.

Bitwise Bitcoin ETF Stock Performance

NYSEARCA:BITB opened at $52.97 on Thursday. The business has a 50 day simple moving average of $53.95 and a 200 day simple moving average of $42.54. Bitwise Bitcoin ETF has a 12-month low of $23.37 and a 12-month high of $59.07.

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.