Clear Creek Financial Management LLC Has $10.83 Million Holdings in Bitwise Bitcoin ETF $BITB

Clear Creek Financial Management LLC grew its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 18.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 184,874 shares of the company’s stock after purchasing an additional 28,992 shares during the period. Bitwise Bitcoin ETF comprises about 1.0% of Clear Creek Financial Management LLC’s investment portfolio, making the stock its 15th biggest position. Clear Creek Financial Management LLC’s holdings in Bitwise Bitcoin ETF were worth $10,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in BITB. Traphagen Investment Advisors LLC raised its position in shares of Bitwise Bitcoin ETF by 6.2% during the second quarter. Traphagen Investment Advisors LLC now owns 235,616 shares of the company’s stock valued at $13,805,000 after buying an additional 13,698 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new position in Bitwise Bitcoin ETF during the second quarter valued at about $264,000. Meitav Investment House Ltd. raised its holdings in Bitwise Bitcoin ETF by 66.7% in the 2nd quarter. Meitav Investment House Ltd. now owns 37,574 shares of the company’s stock valued at $2,201,000 after acquiring an additional 15,031 shares in the last quarter. SteelPeak Wealth LLC bought a new stake in shares of Bitwise Bitcoin ETF in the 2nd quarter worth approximately $398,000. Finally, Next Level Wealth Planning LLC acquired a new stake in shares of Bitwise Bitcoin ETF during the 2nd quarter worth approximately $631,000.

Bitwise Bitcoin ETF Stock Performance

BITB opened at $67.12 on Thursday. The stock’s 50 day simple moving average is $62.54 and its 200-day simple moving average is $57.65. Bitwise Bitcoin ETF has a 1 year low of $32.04 and a 1 year 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.