Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 94.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,186 shares of the company’s stock after purchasing an additional 9,341 shares during the quarter. Sanctuary Advisors LLC’s holdings in Bitwise Bitcoin ETF were worth $976,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Orion Portfolio Solutions LLC raised its stake in shares of Bitwise Bitcoin ETF by 4,033.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock worth $9,585,000 after buying an additional 270,396 shares in the last quarter. Beaird Harris Wealth Management LLC raised its stake in shares of Bitwise Bitcoin ETF by 135.7% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 211,994 shares of the company’s stock worth $7,333,000 after buying an additional 122,045 shares in the last quarter. Kedalion Capital Management LLP purchased a new position in shares of Bitwise Bitcoin ETF during the 4th quarter worth approximately $4,694,000. Clear Creek Financial Management LLC raised its stake in shares of Bitwise Bitcoin ETF by 173.8% during the 3rd quarter. Clear Creek Financial Management LLC now owns 126,395 shares of the company’s stock worth $4,372,000 after buying an additional 80,226 shares in the last quarter. Finally, Highline Wealth Partners LLC purchased a new position in shares of Bitwise Bitcoin ETF during the 3rd quarter worth approximately $2,388,000.

Bitwise Bitcoin ETF Price Performance

Shares of BITB stock opened at $45.89 on Thursday. The stock has a 50 day simple moving average of $53.18 and a 200-day simple moving average of $44.54. Bitwise Bitcoin ETF has a 12-month low of $27.02 and a 12-month high of $59.07.

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.