Orion Porfolio Solutions LLC Boosts Stake in Bitwise Bitcoin Standard Corporations ETF $OWNB

Orion Porfolio Solutions LLC lifted its holdings in shares of Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) by 64.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 92,895 shares of the company’s stock after purchasing an additional 36,413 shares during the quarter. Orion Porfolio Solutions LLC owned about 0.08% of Bitwise Bitcoin Standard Corporations ETF worth $3,103,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brookwood Investment Group LLC purchased a new stake in Bitwise Bitcoin Standard Corporations ETF in the 3rd quarter valued at about $233,000. Envestnet Asset Management Inc. acquired a new position in Bitwise Bitcoin Standard Corporations ETF in the third quarter valued at about $934,000. Finally, Jane Street Group LLC purchased a new position in Bitwise Bitcoin Standard Corporations ETF during the second quarter worth about $1,085,000.

Bitwise Bitcoin Standard Corporations ETF Price Performance

Shares of OWNB opened at $17.68 on Tuesday. The firm has a 50-day simple moving average of $21.03 and a two-hundred day simple moving average of $26.80. The stock has a market cap of $20.33 million, a PE ratio of 20.01 and a beta of 5.30. Bitwise Bitcoin Standard Corporations ETF has a 1-year low of $16.74 and a 1-year high of $39.00.

Bitwise Bitcoin Standard Corporations ETF Profile

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.