Kesler Norman & Wride LLC Acquires New Holdings in Bitwise Bitcoin ETF $BITB

Kesler Norman & Wride LLC acquired a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 100,358 shares of the company’s stock, valued at approximately $4,773,000. Kesler Norman & Wride LLC owned about 0.14% of Bitwise Bitcoin ETF at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in Bitwise Bitcoin ETF by 12.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 142,317 shares of the company’s stock worth $8,855,000 after purchasing an additional 16,041 shares during the last quarter. Balance Wealth LLC raised its holdings in Bitwise Bitcoin ETF by 65.0% during the 4th quarter. Balance Wealth LLC now owns 57,308 shares of the company’s stock worth $2,726,000 after purchasing an additional 22,567 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in Bitwise Bitcoin ETF by 35.5% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 62,850 shares of the company’s stock worth $2,989,000 after purchasing an additional 16,463 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in Bitwise Bitcoin ETF by 1,393.9% during the 4th quarter. Financial Management Professionals Inc. now owns 101,484 shares of the company’s stock worth $4,827,000 after purchasing an additional 94,691 shares during the last quarter. Finally, Hunting Hill Global Capital LLC raised its holdings in Bitwise Bitcoin ETF by 11.5% during the 3rd quarter. Hunting Hill Global Capital LLC now owns 231,430 shares of the company’s stock worth $14,400,000 after purchasing an additional 23,935 shares during the last quarter.

Bitwise Bitcoin ETF Stock Performance

Bitwise Bitcoin ETF stock opened at $36.49 on Wednesday. Bitwise Bitcoin ETF has a 52-week low of $33.81 and a 52-week high of $68.74. The firm has a 50 day moving average price of $40.51 and a two-hundred day moving average price of $43.30.

Bitwise Bitcoin ETF 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.