JPMorgan Chase & Co. Boosts Holdings in Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ)

JPMorgan Chase & Co. increased its holdings in Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) by 6.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,026 shares of the company’s stock after buying an additional 7,088 shares during the quarter. JPMorgan Chase & Co. owned 1.05% of Bitwise Crypto Industry Innovators ETF worth $1,493,000 at the end of the most recent reporting period.

Separately, Main Management ETF Advisors LLC raised its stake in Bitwise Crypto Industry Innovators ETF by 0.8% during the 2nd quarter. Main Management ETF Advisors LLC now owns 921,930 shares of the company’s stock worth $12,428,000 after acquiring an additional 7,110 shares during the period.

Bitwise Crypto Industry Innovators ETF Trading Up 0.2 %

NYSEARCA BITQ opened at $19.73 on Friday. Bitwise Crypto Industry Innovators ETF has a 12 month low of $8.11 and a 12 month high of $23.09. The stock has a market cap of $210.12 million, a price-to-earnings ratio of 33.57 and a beta of 2.21. The company’s 50 day moving average is $19.47 and its two-hundred day moving average is $15.79.

Bitwise Crypto Industry Innovators ETF Profile

The Bitwise Crypto Industry Innovators ETF (BITQ) is an exchange-traded fund that is based on the Bitwise Crypto Innovators 30 index. The fund is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy. BITQ was launched on May 11, 2021 and is managed by Bitwise.