27,687 Shares in Bitwise Bitcoin ETF $BITB Bought by Strategic Family Wealth Counselors L.L.C.

Strategic Family Wealth Counselors L.L.C. purchased a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 27,687 shares of the company’s stock, valued at approximately $1,346,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BITB. Brighton Jones LLC acquired a new stake in Bitwise Bitcoin ETF during the 4th quarter worth $516,000. Focus Partners Wealth raised its stake in Bitwise Bitcoin ETF by 0.8% during the 1st quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock worth $1,318,000 after acquiring an additional 244 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Bitwise Bitcoin ETF by 1,519.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 50,076 shares of the company’s stock worth $2,934,000 after acquiring an additional 46,983 shares in the last quarter. CW Advisors LLC purchased a new position in Bitwise Bitcoin ETF during the 2nd quarter worth $228,000. Finally, First Trust Advisors LP grew its position in Bitwise Bitcoin ETF by 21.9% during the 2nd quarter. First Trust Advisors LP now owns 102,571 shares of the company’s stock worth $6,010,000 after purchasing an additional 18,397 shares during the last quarter.

Bitwise Bitcoin ETF Price Performance

Shares of Bitwise Bitcoin ETF stock opened at $43.22 on Thursday. Bitwise Bitcoin ETF has a 1 year low of $33.81 and a 1 year high of $68.74. The company’s fifty day moving average is $39.77 and its two-hundred day moving average is $44.84.

About Bitwise Bitcoin ETF

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.