Bitwise Bitcoin ETF $BITB Stake Lifted by Revisor Wealth Management LLC

Revisor Wealth Management LLC lifted its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 167.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,982 shares of the company’s stock after acquiring an additional 17,514 shares during the quarter. Revisor Wealth Management LLC’s holdings in Bitwise Bitcoin ETF were worth $1,030,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Focus Partners Wealth lifted its position in Bitwise Bitcoin ETF by 0.8% in the first quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock worth $1,318,000 after purchasing an additional 244 shares during the period. Captrust Financial Advisors increased its position in shares of Bitwise Bitcoin ETF by 1.7% during the 2nd quarter. Captrust Financial Advisors now owns 15,127 shares of the company’s stock valued at $886,000 after purchasing an additional 255 shares during the period. NewEdge Wealth LLC increased its position in shares of Bitwise Bitcoin ETF by 4.3% during the 4th quarter. NewEdge Wealth LLC now owns 7,609 shares of the company’s stock valued at $362,000 after purchasing an additional 312 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Bitwise Bitcoin ETF by 6.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 5,358 shares of the company’s stock worth $333,000 after buying an additional 319 shares in the last quarter. Finally, Financial Guidance Group Inc. raised its stake in shares of Bitwise Bitcoin ETF by 3.6% in the 4th quarter. Financial Guidance Group Inc. now owns 10,073 shares of the company’s stock worth $479,000 after buying an additional 351 shares in the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of Bitwise Bitcoin ETF stock opened at $33.35 on Friday. The business has a fifty day simple moving average of $38.19 and a 200-day simple moving average of $40.72. Bitwise Bitcoin ETF has a fifty-two week low of $31.49 and a fifty-two week high of $68.74.

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.