Fiduciary Family Office LLC Invests $1.05 Million in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Fiduciary Family Office LLC purchased a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,642 shares of the company’s stock, valued at approximately $1,050,000. Bitwise Bitcoin ETF comprises 0.3% of Fiduciary Family Office LLC’s investment portfolio, making the stock its 21st biggest holding.

Several other large investors have also modified their holdings of the stock. CWM LLC grew its holdings in 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 acquiring an additional 8,125 shares during the period. Wiser Wealth Management Inc grew its holdings in Bitwise Bitcoin ETF by 28.4% during the third quarter. Wiser Wealth Management Inc now owns 25,160 shares of the company’s stock worth $870,000 after acquiring an additional 5,572 shares during the period. Creative Planning grew its holdings in Bitwise Bitcoin ETF by 22.9% during the third quarter. Creative Planning now owns 49,014 shares of the company’s stock worth $1,695,000 after acquiring an additional 9,139 shares during the period. Sanctuary Advisors LLC acquired a new position in Bitwise Bitcoin ETF during the third quarter worth $341,000. Finally, Beaird Harris Wealth Management LLC grew its holdings in Bitwise Bitcoin ETF by 3,147.3% during the second quarter. Beaird Harris Wealth Management LLC now owns 89,949 shares of the company’s stock worth $2,940,000 after acquiring an additional 87,179 shares during the period.

Bitwise Bitcoin ETF Price Performance

Bitwise Bitcoin ETF stock opened at $56.82 on Thursday. Bitwise Bitcoin ETF has a fifty-two week low of $21.05 and a fifty-two week high of $59.07. The stock’s fifty day moving average is $52.92 and its two-hundred day moving average is $40.92.

Bitwise Bitcoin ETF 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.