Wiser Wealth Management Inc Has $1.41 Million Stake in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Wiser Wealth Management Inc grew its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 9.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,662 shares of the company’s stock after purchasing an additional 2,502 shares during the period. Bitwise Bitcoin ETF comprises 0.4% of Wiser Wealth Management Inc’s holdings, making the stock its 21st largest holding. Wiser Wealth Management Inc’s holdings in Bitwise Bitcoin ETF were worth $1,407,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Gleason Group Inc. acquired a new stake in Bitwise Bitcoin ETF during the fourth quarter worth approximately $25,000. 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 period. Avior Wealth Management LLC acquired a new position in Bitwise Bitcoin ETF in the third quarter valued at about $69,000. 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 worth $86,000 after purchasing an additional 2,460 shares during the period. Finally, Allworth Financial LP grew its stake in Bitwise Bitcoin ETF by 381.5% during the third quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock worth $88,000 after buying an additional 2,026 shares in the last quarter.

Bitwise Bitcoin ETF Stock Up 3.0 %

Shares of Bitwise Bitcoin ETF stock opened at $54.07 on Wednesday. The company has a 50 day moving average of $51.73 and a 200-day moving average of $40.13. Bitwise Bitcoin ETF has a 1-year low of $21.05 and a 1-year high of $59.07.

About Bitwise Bitcoin ETF

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.