JBR Co Financial Management Inc Acquires New Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

JBR Co Financial Management Inc acquired a new stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,281 shares of the company’s stock, valued at approximately $218,000.

A number of other institutional investors have also modified their holdings of the business. Creative Planning boosted its stake in Bitwise Bitcoin ETF by 22.9% during the 3rd quarter. Creative Planning now owns 49,014 shares of the company’s stock valued at $1,695,000 after purchasing an additional 9,139 shares during the period. Sanctuary Advisors LLC acquired a new position in Bitwise Bitcoin ETF during the 3rd quarter valued at about $341,000. Farther Finance Advisors LLC boosted its stake in Bitwise Bitcoin ETF by 6,150.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock valued at $86,000 after purchasing an additional 2,460 shares during the period. CreativeOne Wealth LLC acquired a new position in Bitwise Bitcoin ETF during the 3rd quarter valued at about $259,000. Finally, Beam Wealth Advisors Inc. boosted its stake in Bitwise Bitcoin ETF by 101.3% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 55,544 shares of the company’s stock valued at $1,921,000 after purchasing an additional 27,951 shares during the period.

Bitwise Bitcoin ETF Price Performance

Bitwise Bitcoin ETF stock opened at $51.63 on Friday. The firm has a 50-day moving average price of $53.69 and a two-hundred day moving average price of $44.10. Bitwise Bitcoin ETF has a 52-week low of $27.02 and a 52-week high of $59.07.

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.