Clear Creek Financial Management LLC Raises Stock Holdings in Bitwise Bitcoin ETF $BITB

Clear Creek Financial Management LLC boosted its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 14.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 212,200 shares of the company’s stock after purchasing an additional 27,326 shares during the period. Bitwise Bitcoin ETF comprises 1.1% of Clear Creek Financial Management LLC’s holdings, making the stock its 13th largest position. Clear Creek Financial Management LLC owned approximately 0.30% of Bitwise Bitcoin ETF worth $13,203,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Hunting Hill Global Capital LLC bought a new stake in shares of Bitwise Bitcoin ETF during the 2nd quarter worth $12,157,000. PNC Financial Services Group Inc. increased its holdings in Bitwise Bitcoin ETF by 38.1% during the third quarter. PNC Financial Services Group Inc. now owns 693,101 shares of the company’s stock worth $43,125,000 after buying an additional 191,146 shares during the last quarter. Carter Financial Group INC. bought a new stake in Bitwise Bitcoin ETF in the second quarter worth about $7,627,000. Unique Wealth LLC raised its position in Bitwise Bitcoin ETF by 243.4% in the third quarter. Unique Wealth LLC now owns 110,917 shares of the company’s stock worth $6,901,000 after acquiring an additional 78,613 shares during the period. Finally, Magnus Financial Group LLC boosted its stake in Bitwise Bitcoin ETF by 42.2% in the third quarter. Magnus Financial Group LLC now owns 249,202 shares of the company’s stock valued at $15,505,000 after acquiring an additional 74,010 shares during the last quarter.

Bitwise Bitcoin ETF Price Performance

Bitwise Bitcoin ETF stock opened at $36.45 on Friday. The firm has a 50 day moving average price of $45.56 and a 200-day moving average price of $54.14. Bitwise Bitcoin ETF has a twelve month low of $33.81 and a twelve month high of $68.74.

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.