Bitwise Crypto Industry Innovators ETF $BITQ Position Boosted by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. increased its position in Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) by 495.5% in the fourth quarter, Holdings Channel reports. The firm owned 91,058 shares of the company’s stock after purchasing an additional 75,767 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Bitwise Crypto Industry Innovators ETF were worth $1,815,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BITQ. Morgan Stanley raised its stake in Bitwise Crypto Industry Innovators ETF by 17.9% during the fourth quarter. Morgan Stanley now owns 3,910,750 shares of the company’s stock valued at $77,941,000 after buying an additional 592,735 shares in the last quarter. Royal Bank of Canada grew its position in shares of Bitwise Crypto Industry Innovators ETF by 3.4% in the 4th quarter. Royal Bank of Canada now owns 264,679 shares of the company’s stock worth $5,275,000 after acquiring an additional 8,616 shares in the last quarter. Salus Financial Advisors LLC grew its position in shares of Bitwise Crypto Industry Innovators ETF by 1.3% in the 4th quarter. Salus Financial Advisors LLC now owns 136,421 shares of the company’s stock worth $2,719,000 after acquiring an additional 1,704 shares in the last quarter. LRI Investments LLC increased its holdings in shares of Bitwise Crypto Industry Innovators ETF by 4.0% in the 4th quarter. LRI Investments LLC now owns 132,727 shares of the company’s stock valued at $2,645,000 after acquiring an additional 5,125 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Bitwise Crypto Industry Innovators ETF by 10.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 130,886 shares of the company’s stock valued at $2,609,000 after acquiring an additional 12,561 shares during the last quarter.

Bitwise Crypto Industry Innovators ETF Trading Down 2.4%

BITQ stock opened at $24.50 on Wednesday. The stock’s 50 day simple moving average is $26.35 and its 200 day simple moving average is $22.83. Bitwise Crypto Industry Innovators ETF has a 12-month low of $16.65 and a 12-month high of $31.45. The firm has a market cap of $448.35 million, a P/E ratio of 27.61 and a beta of 3.11.

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.