Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Purchased by Summit Wealth Partners LLC

Summit Wealth Partners LLC boosted its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 3.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,277 shares of the company’s stock after purchasing an additional 1,217 shares during the quarter. Summit Wealth Partners LLC’s holdings in Bitwise Bitcoin ETF were worth $1,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. IMC Chicago LLC increased its stake in shares of Bitwise Bitcoin ETF by 9.3% during the 3rd quarter. IMC Chicago LLC now owns 646,743 shares of the company’s stock valued at $22,371,000 after acquiring an additional 55,092 shares during the last quarter. Highline Wealth Partners LLC acquired a new position in shares of Bitwise Bitcoin ETF during the 3rd quarter valued at about $2,388,000. Consolidated Portfolio Review Corp acquired a new position in shares of Bitwise Bitcoin ETF during the 3rd quarter valued at about $227,000. Allworth Financial LP increased its stake in shares of Bitwise Bitcoin ETF by 381.5% during the 3rd quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock valued at $88,000 after acquiring an additional 2,026 shares during the last quarter. Finally, Silver Oak Securities Incorporated increased its stake in shares of Bitwise Bitcoin ETF by 9.9% during the 3rd quarter. Silver Oak Securities Incorporated now owns 11,407 shares of the company’s stock valued at $408,000 after acquiring an additional 1,027 shares during the last quarter.

Bitwise Bitcoin ETF Trading Down 2.7 %

Shares of NYSEARCA:BITB opened at $38.08 on Friday. Bitwise Bitcoin ETF has a 1 year low of $21.05 and a 1 year high of $40.16. The stock has a 50-day simple moving average of $34.23 and a 200-day simple moving average of $34.48.

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.