Bitwise Bitcoin ETF $BITB Shares Sold by Embree Financial Group

Embree Financial Group trimmed its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 4.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,885 shares of the company’s stock after selling 2,185 shares during the quarter. Embree Financial Group owned 0.07% of Bitwise Bitcoin ETF worth $3,040,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BITB. FF Advisors LLC boosted its holdings in Bitwise Bitcoin ETF by 0.6% in the 2nd quarter. FF Advisors LLC now owns 36,314 shares of the company’s stock valued at $2,128,000 after purchasing an additional 226 shares in the last quarter. Focus Partners Wealth boosted its holdings in Bitwise Bitcoin ETF by 0.8% in the 1st quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock valued at $1,318,000 after purchasing an additional 244 shares in the last quarter. Personal CFO Solutions LLC boosted its holdings in Bitwise Bitcoin ETF by 5.4% in the 1st quarter. Personal CFO Solutions LLC now owns 4,935 shares of the company’s stock valued at $221,000 after purchasing an additional 251 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Bitwise Bitcoin ETF by 2.4% in the 1st quarter. Private Advisor Group LLC now owns 10,715 shares of the company’s stock valued at $481,000 after purchasing an additional 256 shares in the last quarter. Finally, Revisor Wealth Management LLC boosted its holdings in Bitwise Bitcoin ETF by 4.1% in the 2nd quarter. Revisor Wealth Management LLC now owns 7,019 shares of the company’s stock valued at $433,000 after purchasing an additional 276 shares in the last quarter.

Bitwise Bitcoin ETF Stock Down 3.6%

Shares of BITB opened at $59.46 on Friday. Bitwise Bitcoin ETF has a twelve month low of $32.04 and a twelve month high of $66.90. The stock’s 50 day moving average is $62.44 and its two-hundred day moving average is $56.45.

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.