Precision Wealth Strategies LLC Sells 1,314 Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB)

Precision Wealth Strategies LLC trimmed its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 14.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,678 shares of the company’s stock after selling 1,314 shares during the quarter. Precision Wealth Strategies LLC’s holdings in Bitwise Bitcoin ETF were worth $266,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in BITB. IMC Chicago LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the 1st quarter valued at approximately $20,530,000. Sound Income Strategies LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the 1st quarter valued at approximately $43,000. Brookstone Capital Management acquired a new stake in shares of Bitwise Bitcoin ETF in the 1st quarter valued at approximately $357,000. RFG Holdings Inc. acquired a new stake in shares of Bitwise Bitcoin ETF in the 1st quarter valued at approximately $217,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the 1st quarter valued at approximately $1,095,000.

Bitwise Bitcoin ETF Price Performance

NYSEARCA BITB opened at $36.92 on Tuesday. The stock has a 50 day moving average of $33.41 and a 200-day moving average of $34.47. Bitwise Bitcoin ETF has a 12 month low of $21.05 and a 12 month high of $40.16.

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.