Jane Street Group LLC Has $1.55 Million Stake in Bitwise Web3 ETF (NYSEARCA:BWEB)

Jane Street Group LLC boosted its position in Bitwise Web3 ETF (NYSEARCA:BWEB) by 23.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,385 shares of the company’s stock after purchasing an additional 6,358 shares during the period. Jane Street Group LLC owned 52.16% of Bitwise Web3 ETF worth $1,554,000 at the end of the most recent quarter.

Bitwise Web3 ETF Trading Down 0.0 %

NYSEARCA:BWEB opened at $58.27 on Friday. The stock’s 50-day moving average is $55.82 and its 200-day moving average is $48.56. Bitwise Web3 ETF has a 1-year low of $32.43 and a 1-year high of $65.15. The stock has a market cap of $3.73 million, a P/E ratio of 40.21 and a beta of 1.88.

Bitwise Web3 ETF Profile

The Bitwise Web3 ETF (BWEB) is an exchange-traded fund that is based on the Bitwise Web3 Equities index. The fund tracks a tier-weighted index of companies connected to the global Web 3.0 industry. The selection process is overseen by a committee. BWEB was launched on Oct 4, 2022 and is managed by Bitwise.