HBK Investments L P Purchases 46,124 Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB)

HBK Investments L P boosted its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 5.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 850,554 shares of the company’s stock after buying an additional 46,124 shares during the quarter. Bitwise Bitcoin ETF makes up approximately 0.5% of HBK Investments L P’s portfolio, making the stock its 20th biggest position. HBK Investments L P’s holdings in Bitwise Bitcoin ETF were worth $29,421,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BBR Partners LLC grew its stake in shares of Bitwise Bitcoin ETF by 111.1% during the third quarter. BBR Partners LLC now owns 19,000 shares of the company’s stock valued at $657,000 after buying an additional 10,000 shares during the last quarter. RPg Family Wealth Advisory LLC boosted its holdings in Bitwise Bitcoin ETF by 1.4% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 228,807 shares of the company’s stock valued at $7,914,000 after acquiring an additional 3,220 shares during the period. CreativeOne Wealth LLC bought a new position in Bitwise Bitcoin ETF during the 3rd quarter worth approximately $259,000. RPO LLC increased its stake in Bitwise Bitcoin ETF by 3.2% in the 3rd quarter. RPO LLC now owns 304,385 shares of the company’s stock worth $10,529,000 after purchasing an additional 9,300 shares during the period. Finally, Avior Wealth Management LLC bought a new stake in Bitwise Bitcoin ETF in the third quarter valued at approximately $69,000.

Bitwise Bitcoin ETF Stock Performance

Shares of Bitwise Bitcoin ETF stock opened at $52.68 on Friday. The company’s 50 day moving average price is $40.26 and its 200-day moving average price is $36.31. Bitwise Bitcoin ETF has a 52-week low of $21.05 and a 52-week high of $54.39.

Bitwise Bitcoin ETF Company Profile

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.