BBR Partners LLC Boosts Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

BBR Partners LLC lifted its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 111.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,000 shares of the company’s stock after buying an additional 10,000 shares during the quarter. BBR Partners LLC’s holdings in Bitwise Bitcoin ETF were worth $657,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BITB. Massmutual Trust Co. FSB ADV purchased a new position in Bitwise Bitcoin ETF during the second quarter worth about $33,000. Park Place Capital Corp purchased a new position in shares of Bitwise Bitcoin ETF during the second quarter worth about $34,000. Fairway Wealth LLC increased its position 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 worth $38,000 after purchasing an additional 800 shares during the last quarter. Avior Wealth Management LLC purchased a new stake in Bitwise Bitcoin ETF in the third quarter valued at approximately $69,000. Finally, Farther Finance Advisors LLC lifted its position in Bitwise Bitcoin ETF by 6,150.0% during the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock valued at $86,000 after purchasing an additional 2,460 shares during the last quarter.

Bitwise Bitcoin ETF Price Performance

Shares of NYSEARCA:BITB opened at $52.68 on Thursday. The company’s fifty day moving average price is $39.90 and its 200-day moving average price is $36.17. Bitwise Bitcoin ETF has a one year low of $21.05 and a one year high of $54.39.

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.