Client 1ST Advisory Group LLC Invests $258,000 in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Client 1ST Advisory Group LLC bought a new stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,072 shares of the company’s stock, valued at approximately $258,000.

Other large investors have also recently modified their holdings of the company. Gleason Group Inc. bought a new position in Bitwise Bitcoin ETF during the 4th quarter valued at approximately $25,000. Fairway Wealth LLC raised its holdings in shares of Bitwise Bitcoin ETF by 258.1% during the third quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock valued at $38,000 after acquiring an additional 800 shares in the last quarter. Avior Wealth Management LLC bought a new position in Bitwise Bitcoin ETF in the 3rd quarter worth $69,000. Farther Finance Advisors LLC increased its position in shares of Bitwise Bitcoin ETF by 6,150.0% during the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock valued at $86,000 after buying an additional 2,460 shares during the period. Finally, Allworth Financial LP raised its stake in Bitwise Bitcoin ETF by 381.5% in the third quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock worth $88,000 after buying an additional 2,026 shares in the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of BITB opened at $57.08 on Monday. Bitwise Bitcoin ETF has a one year low of $21.05 and a one year high of $59.07. The company has a 50-day simple moving average of $52.55 and a two-hundred day simple moving average of $40.59.

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.