Clear Creek Financial Management LLC Increases Stock Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Clear Creek Financial Management LLC boosted its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 28.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 162,390 shares of the company’s stock after buying an additional 35,995 shares during the quarter. Bitwise Bitcoin ETF makes up approximately 0.9% of Clear Creek Financial Management LLC’s investment portfolio, making the stock its 27th biggest holding. Clear Creek Financial Management LLC’s holdings in Bitwise Bitcoin ETF were worth $8,258,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BITB. Shore Point Advisors LLC raised its position in shares of Bitwise Bitcoin ETF by 4.2% in the 4th quarter. Shore Point Advisors LLC now owns 6,189 shares of the company’s stock worth $315,000 after acquiring an additional 250 shares in the last quarter. Gleason Group Inc. purchased a new position in Bitwise Bitcoin ETF in the fourth quarter valued at about $25,000. Fairway Wealth LLC raised its holdings in Bitwise Bitcoin ETF by 258.1% in the third quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock worth $38,000 after purchasing an additional 800 shares in the last quarter. Echo45 Advisors LLC lifted its position in shares of Bitwise Bitcoin ETF by 11.0% during the fourth quarter. Echo45 Advisors LLC now owns 8,728 shares of the company’s stock valued at $468,000 after buying an additional 868 shares during the last quarter. Finally, Morton Capital Management LLC CA boosted its holdings in shares of Bitwise Bitcoin ETF by 11.6% in the 3rd quarter. Morton Capital Management LLC CA now owns 8,566 shares of the company’s stock valued at $296,000 after buying an additional 892 shares in the last quarter.

Bitwise Bitcoin ETF Trading Down 3.1 %

NYSEARCA BITB opened at $55.26 on Friday. Bitwise Bitcoin ETF has a 52 week low of $23.03 and a 52 week high of $59.07. The company has a 50 day moving average price of $53.77 and a 200 day moving average price of $42.13.

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.