Avior Wealth Management LLC Raises Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Avior Wealth Management LLC raised its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 52.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,042 shares of the company’s stock after purchasing an additional 1,042 shares during the period. Avior Wealth Management LLC’s holdings in Bitwise Bitcoin ETF were worth $155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of BITB. Gleason Group Inc. purchased a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter worth approximately $25,000. Fairway Wealth LLC raised its holdings 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 buying an additional 800 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Bitwise Bitcoin ETF by 6,150.0% in the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after buying an additional 2,460 shares during the period. Allworth Financial LP raised its holdings in shares of Bitwise Bitcoin ETF by 381.5% in 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 during the period. Finally, Shore Point Advisors LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the third quarter worth approximately $205,000.

Bitwise Bitcoin ETF Trading Down 0.1 %

Shares of NYSEARCA BITB opened at $55.07 on Wednesday. The business’s 50 day moving average price is $53.50 and its 200-day moving average price is $41.61. Bitwise Bitcoin ETF has a fifty-two week low of $22.79 and a fifty-two week high of $59.07.

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.