WT Wealth Management Acquires New Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

WT Wealth Management purchased a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) during the fourth quarter, Holdings Channel.com reports. The fund purchased 19,297 shares of the company’s stock, valued at approximately $981,000.

Other large investors have also recently made changes to their positions in the company. Gleason Group Inc. purchased a new stake in shares of Bitwise Bitcoin ETF during the fourth quarter worth approximately $25,000. Fairway Wealth LLC boosted its holdings in shares of Bitwise Bitcoin ETF by 258.1% in the third quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock valued at $38,000 after acquiring an additional 800 shares during the period. VisionPoint Advisory Group LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at approximately $56,000. Avior Wealth Management LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the third quarter valued at approximately $69,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Bitwise Bitcoin ETF by 6,150.0% in the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock valued at $86,000 after acquiring an additional 2,460 shares during the period.

Bitwise Bitcoin ETF Price Performance

BITB stock opened at $45.89 on Thursday. Bitwise Bitcoin ETF has a twelve month low of $27.02 and a twelve month high of $59.07. The business has a 50 day simple moving average of $53.18 and a 200-day simple moving average of $44.54.

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.