MRP Capital Investments LLC raised its position in Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 70.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,198 shares of the company’s stock after acquiring an additional 7,908 shares during the quarter. MRP Capital Investments LLC’s holdings in Bitwise Bitcoin ETF were worth $628,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of BITB. Massmutual Trust Co. FSB ADV purchased a new position in Bitwise Bitcoin ETF in the second quarter valued at $33,000. Park Place Capital Corp purchased a new stake in shares of Bitwise Bitcoin ETF in the 2nd quarter valued at approximately $34,000. Sound Income Strategies LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the 1st quarter valued at $43,000. Headlands Technologies LLC purchased a new stake in shares of Bitwise Bitcoin ETF during the 1st quarter worth $93,000. Finally, Beaird Harris Wealth Management LLC acquired a new position in shares of Bitwise Bitcoin ETF during the first quarter worth $107,000.
Bitwise Bitcoin ETF Stock Performance
Bitwise Bitcoin ETF stock opened at $32.73 on Thursday. The stock’s fifty day moving average is $33.09 and its two-hundred day moving average is $34.84. Bitwise Bitcoin ETF has a 1-year low of $21.05 and a 1-year high of $40.16.
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.
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