Capital Wealth Alliance LLC Increases Stock Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Capital Wealth Alliance LLC lifted its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 82.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,081 shares of the company’s stock after acquiring an additional 8,649 shares during the period. Capital Wealth Alliance LLC’s holdings in Bitwise Bitcoin ETF were worth $970,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Gleason Group Inc. bought a new stake in shares of Bitwise Bitcoin ETF in the 4th quarter worth approximately $25,000. Fairway Wealth LLC grew its stake 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 acquiring an additional 800 shares during the last quarter. Avior Wealth Management LLC bought a new position in shares of Bitwise Bitcoin ETF during the third quarter valued at $69,000. Farther Finance Advisors LLC raised its position in shares of Bitwise Bitcoin ETF by 6,150.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after purchasing an additional 2,460 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in Bitwise Bitcoin ETF by 381.5% in the 3rd quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock worth $88,000 after purchasing an additional 2,026 shares in the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of NYSEARCA BITB opened at $52.99 on Tuesday. Bitwise Bitcoin ETF has a twelve month low of $26.27 and a twelve month high of $59.07. The company has a 50 day moving average of $53.94 and a 200 day moving average of $42.88.

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.