Unique Wealth LLC Sells 13,645 Shares of Bitwise Bitcoin ETF $BITB

Unique Wealth LLC lowered its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 7.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 165,096 shares of the company’s stock after selling 13,645 shares during the quarter. Unique Wealth LLC’s holdings in Bitwise Bitcoin ETF were worth $5,260,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at $516,000. Focus Partners Wealth raised its holdings in shares of Bitwise Bitcoin ETF by 0.8% in the first quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock valued at $1,318,000 after buying an additional 244 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Bitwise Bitcoin ETF by 1,519.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 50,076 shares of the company’s stock worth $2,934,000 after buying an additional 46,983 shares in the last quarter. CW Advisors LLC acquired a new position in Bitwise Bitcoin ETF during the 2nd quarter worth about $228,000. Finally, First Trust Advisors LP lifted its position in Bitwise Bitcoin ETF by 21.9% during the 2nd quarter. First Trust Advisors LP now owns 102,571 shares of the company’s stock worth $6,010,000 after buying an additional 18,397 shares in the last quarter.

Bitwise Bitcoin ETF Price Performance

Shares of NYSEARCA:BITB opened at $43.31 on Friday. Bitwise Bitcoin ETF has a 12 month low of $31.49 and a 12 month high of $68.74. The company’s 50-day moving average price is $36.48 and its two-hundred day moving average price is $37.77.

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.