Hollencrest Capital Management Has $77,000 Stock Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Hollencrest Capital Management increased its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 257.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,518 shares of the company’s stock after acquiring an additional 1,093 shares during the quarter. Hollencrest Capital Management’s holdings in Bitwise Bitcoin ETF were worth $77,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Gleason Group Inc. bought a new position in Bitwise Bitcoin ETF in the 4th quarter worth approximately $25,000. VisionPoint Advisory Group LLC acquired a new position in shares of Bitwise Bitcoin ETF during the fourth quarter valued at about $56,000. Avior Wealth Management LLC bought a new stake in shares of Bitwise Bitcoin ETF in the third quarter valued at about $69,000. Steward Partners Investment Advisory LLC grew its position in Bitwise Bitcoin ETF by 85.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,369 shares of the company’s stock worth $120,000 after buying an additional 1,091 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Bitwise Bitcoin ETF by 6,150.0% during the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock valued at $86,000 after acquiring an additional 2,460 shares during the period.

Bitwise Bitcoin ETF Trading Down 0.2 %

Shares of BITB stock opened at $45.12 on Thursday. Bitwise Bitcoin ETF has a 12 month low of $27.02 and a 12 month high of $59.07. The stock has a 50 day moving average of $52.05 and a two-hundred day moving average of $45.50.

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.