Lake Street Private Wealth LLC Purchases 2,396 Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB)

Lake Street Private Wealth LLC raised its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 10.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 24,817 shares of the company’s stock after acquiring an additional 2,396 shares during the quarter. Lake Street Private Wealth LLC’s holdings in Bitwise Bitcoin ETF were worth $1,262,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of BITB. Gleason Group Inc. purchased a new position in shares of Bitwise Bitcoin ETF in the 4th quarter valued at approximately $25,000. Fairway Wealth LLC raised its holdings in shares of Bitwise Bitcoin ETF by 258.1% in the third quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock worth $38,000 after buying an additional 800 shares during the last quarter. Morton Capital Management LLC CA lifted its stake in shares of Bitwise Bitcoin ETF by 11.6% during the third quarter. Morton Capital Management LLC CA now owns 8,566 shares of the company’s stock worth $296,000 after buying an additional 892 shares during the period. Silver Oak Securities Incorporated grew its holdings in shares of Bitwise Bitcoin ETF by 9.9% during the third quarter. Silver Oak Securities Incorporated now owns 11,407 shares of the company’s stock valued at $408,000 after buying an additional 1,027 shares during the last quarter. Finally, Gunderson Capital Management Inc. increased its position in shares of Bitwise Bitcoin ETF by 16.2% in the 4th quarter. Gunderson Capital Management Inc. now owns 7,891 shares of the company’s stock valued at $401,000 after acquiring an additional 1,100 shares during the period.

Bitwise Bitcoin ETF Stock Performance

Shares of BITB stock opened at $57.08 on Friday. The business has a fifty day moving average of $52.55 and a 200 day moving average of $40.55. Bitwise Bitcoin ETF has a 1 year low of $21.05 and a 1 year high of $59.07.

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.