Vise Technologies Inc. Buys New Position in Bitwise Bitcoin ETF $BITB

Vise Technologies Inc. bought a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 33,108 shares of the company’s stock, valued at approximately $1,940,000.

Several other hedge funds have also made changes to their positions in BITB. Wealth Preservation Advisors LLC acquired a new position in shares of Bitwise Bitcoin ETF in the first quarter valued at approximately $34,000. WPG Advisers LLC purchased a new position in Bitwise Bitcoin ETF in the 1st quarter valued at approximately $38,000. Ameritas Advisory Services LLC purchased a new position in Bitwise Bitcoin ETF in the 2nd quarter valued at approximately $46,000. ROSS JOHNSON & Associates LLC grew its stake in shares of Bitwise Bitcoin ETF by 207.4% in the first quarter. ROSS JOHNSON & Associates LLC now owns 2,087 shares of the company’s stock worth $94,000 after acquiring an additional 1,408 shares in the last quarter. Finally, Quaker Wealth Management LLC increased its position in shares of Bitwise Bitcoin ETF by 195.3% during the second quarter. Quaker Wealth Management LLC now owns 2,530 shares of the company’s stock worth $148,000 after acquiring an additional 5,185 shares during the period.

Bitwise Bitcoin ETF Stock Down 3.0%

BITB stock opened at $55.88 on Wednesday. The business’s 50-day moving average is $61.16 and its two-hundred day moving average is $60.10. Bitwise Bitcoin ETF has a 1 year low of $41.17 and a 1 year high of $68.74.

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.