AdvisorNet Financial Inc Decreases Position in Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ)

AdvisorNet Financial Inc decreased its stake in Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) by 14.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 28,814 shares of the company’s stock after selling 5,011 shares during the period. AdvisorNet Financial Inc’s holdings in Bitwise Crypto Industry Innovators ETF were worth $487,000 at the end of the most recent quarter.

Separately, Main Management ETF Advisors LLC boosted its stake in Bitwise Crypto Industry Innovators ETF by 0.8% during the second quarter. Main Management ETF Advisors LLC now owns 921,930 shares of the company’s stock worth $12,428,000 after buying an additional 7,110 shares during the period.

Bitwise Crypto Industry Innovators ETF Trading Up 4.6 %

Shares of BITQ opened at $18.73 on Thursday. The company’s fifty day simple moving average is $19.42 and its 200-day simple moving average is $15.56. The company has a market cap of $199.47 million, a P/E ratio of 33.57 and a beta of 2.21. Bitwise Crypto Industry Innovators ETF has a twelve month low of $8.06 and a twelve month high of $23.09.

About Bitwise Crypto Industry Innovators ETF

The Bitwise Crypto Industry Innovators ETF (BITQ) is an exchange-traded fund that is based on the Bitwise Crypto Innovators 30 index. The fund is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy. BITQ was launched on May 11, 2021 and is managed by Bitwise.