Bitwise Bitcoin ETF $BITB Stake Boosted by Savant Capital LLC

Savant Capital LLC grew its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 535.9% during the 4th quarter, HoldingsChannel reports. The fund owned 30,053 shares of the company’s stock after acquiring an additional 25,327 shares during the period. Savant Capital LLC’s holdings in Bitwise Bitcoin ETF were worth $1,429,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Weaver Consulting Group grew its holdings in shares of Bitwise Bitcoin ETF by 5.7% during the 3rd quarter. Weaver Consulting Group now owns 3,753 shares of the company’s stock valued at $234,000 after acquiring an additional 202 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Bitwise Bitcoin ETF by 0.8% during the 1st quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock valued at $1,318,000 after acquiring an additional 244 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of Bitwise Bitcoin ETF by 1.7% during the 2nd quarter. Captrust Financial Advisors now owns 15,127 shares of the company’s stock valued at $886,000 after acquiring an additional 255 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of Bitwise Bitcoin ETF by 7.8% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 3,878 shares of the company’s stock valued at $241,000 after acquiring an additional 281 shares in the last quarter. Finally, Cary Street Partners Financial LLC grew its holdings in shares of Bitwise Bitcoin ETF by 4.0% during the 3rd quarter. Cary Street Partners Financial LLC now owns 7,598 shares of the company’s stock valued at $473,000 after acquiring an additional 295 shares in the last quarter.

Bitwise Bitcoin ETF Stock Performance

Bitwise Bitcoin ETF stock opened at $38.81 on Tuesday. The company’s fifty day simple moving average is $40.51 and its 200-day simple moving average is $43.30. Bitwise Bitcoin ETF has a 12 month low of $33.81 and a 12 month high of $68.74.

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.