Fielder Capital Group LLC Has $12.46 Million Stock Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Fielder Capital Group LLC boosted its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 0.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 381,020 shares of the company’s stock after buying an additional 3,496 shares during the period. Bitwise Bitcoin ETF accounts for 4.8% of Fielder Capital Group LLC’s portfolio, making the stock its 3rd biggest holding. Fielder Capital Group LLC’s holdings in Bitwise Bitcoin ETF were worth $12,456,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Massmutual Trust Co. FSB ADV bought a new position in shares of Bitwise Bitcoin ETF during the 2nd quarter valued at about $33,000. Park Place Capital Corp bought a new position in shares of Bitwise Bitcoin ETF during the 2nd quarter valued at about $34,000. Sound Income Strategies LLC bought a new position in shares of Bitwise Bitcoin ETF during the 1st quarter valued at about $43,000. Headlands Technologies LLC bought a new position in shares of Bitwise Bitcoin ETF during the 1st quarter valued at about $93,000. Finally, Beaird Harris Wealth Management LLC bought a new position in shares of Bitwise Bitcoin ETF during the 1st quarter valued at about $107,000.

Bitwise Bitcoin ETF Stock Performance

Shares of NYSEARCA:BITB traded down $0.31 during trading hours on Friday, hitting $31.95. 2,403,352 shares of the company’s stock traded hands, compared to its average volume of 2,446,724. Bitwise Bitcoin ETF has a 52 week low of $21.05 and a 52 week high of $40.16. The company’s fifty day simple moving average is $33.36 and its two-hundred day simple moving average is $34.58.

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.