Highline Wealth Partners LLC Purchases New Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Highline Wealth Partners LLC acquired a new stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 69,029 shares of the company’s stock, valued at approximately $2,388,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atria Investments Inc acquired a new position in Bitwise Bitcoin ETF during the first quarter worth $1,308,000. Massmutual Trust Co. FSB ADV acquired a new position in shares of Bitwise Bitcoin ETF during the second quarter worth about $33,000. Brookstone Capital Management grew 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 worth $342,000 after purchasing an additional 482 shares in the last quarter. BBR Partners LLC acquired a new position in shares of Bitwise Bitcoin ETF during the 2nd quarter worth about $294,000. Finally, Benedetti & Gucer Inc. purchased a new position in Bitwise Bitcoin ETF in the first quarter valued at approximately $1,065,000.

Bitwise Bitcoin ETF Trading Down 1.1 %

BITB opened at $39.08 on Wednesday. Bitwise Bitcoin ETF has a one year low of $21.05 and a one year high of $40.16. The business’s 50-day simple moving average is $34.01 and its 200-day simple moving average is $34.46.

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.