Bitwise Bitcoin ETF $BITB Holdings Raised by Meitav Investment House Ltd.

Meitav Investment House Ltd. grew its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 28.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 48,429 shares of the company’s stock after acquiring an additional 10,855 shares during the period. Meitav Investment House Ltd.’s holdings in Bitwise Bitcoin ETF were worth $3,013,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of BITB. PNC Financial Services Group Inc. increased its position in Bitwise Bitcoin ETF by 10.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 501,955 shares of the company’s stock worth $29,410,000 after purchasing an additional 47,764 shares during the last quarter. CWM LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 17.7% during the 3rd quarter. CWM LLC now owns 250,539 shares of the company’s stock valued at $15,589,000 after buying an additional 37,732 shares during the last quarter. Magnus Financial Group LLC increased its holdings 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 worth $15,505,000 after buying an additional 74,010 shares during the last quarter. Traphagen Investment Advisors LLC increased its holdings in Bitwise Bitcoin ETF by 4.5% in the third quarter. Traphagen Investment Advisors LLC now owns 246,265 shares of the company’s stock worth $15,323,000 after buying an additional 10,649 shares during the last quarter. Finally, Hunting Hill Global Capital LLC bought a new position in Bitwise Bitcoin ETF during the second quarter valued at approximately $12,157,000.

Bitwise Bitcoin ETF Trading Up 0.3%

NYSEARCA BITB opened at $51.90 on Friday. Bitwise Bitcoin ETF has a 12-month low of $41.17 and a 12-month high of $68.74. The company has a 50 day moving average price of $49.42 and a two-hundred day moving average price of $57.55.

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.