Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Sold by Fielder Capital Group LLC

Fielder Capital Group LLC lowered its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 1.7% in the fourth quarter, Holdings Channel reports. The fund owned 376,033 shares of the company’s stock after selling 6,566 shares during the quarter. Bitwise Bitcoin ETF accounts for approximately 6.0% of Fielder Capital Group LLC’s investment portfolio, making the stock its largest holding. Fielder Capital Group LLC’s holdings in Bitwise Bitcoin ETF were worth $19,121,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC lifted its stake in shares of Bitwise Bitcoin ETF by 6,348.2% in the 4th quarter. Proficio Capital Partners LLC now owns 2,102,749 shares of the company’s stock valued at $106,925,000 after acquiring an additional 2,070,139 shares during the last quarter. Oppenheimer & Co. Inc. bought a new position in Bitwise Bitcoin ETF in the fourth quarter valued at about $486,000. WT Wealth Management bought a new position in Bitwise Bitcoin ETF in the fourth quarter valued at about $981,000. Apriem Advisors acquired a new stake in shares of Bitwise Bitcoin ETF during the fourth quarter valued at about $265,000. Finally, JBR Co Financial Management Inc bought a new stake in shares of Bitwise Bitcoin ETF during the fourth quarter worth about $218,000.

Bitwise Bitcoin ETF Stock Down 1.2 %

Bitwise Bitcoin ETF stock opened at $45.36 on Friday. The business has a 50 day moving average of $53.03 and a 200-day moving average of $44.55. Bitwise Bitcoin ETF has a 1 year low of $27.02 and a 1 year 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.