Meitav Investment House Ltd. Grows Stake in Bitwise Bitcoin ETF $BITB

Meitav Investment House Ltd. lifted its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 66.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,574 shares of the company’s stock after purchasing an additional 15,031 shares during the quarter. Meitav Investment House Ltd.’s holdings in Bitwise Bitcoin ETF were worth $2,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC increased its stake in Bitwise Bitcoin ETF by 53.2% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 535,732 shares of the company’s stock valued at $24,044,000 after purchasing an additional 185,930 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Bitwise Bitcoin ETF by 48.0% during the first quarter. PNC Financial Services Group Inc. now owns 454,191 shares of the company’s stock valued at $20,384,000 after acquiring an additional 147,304 shares in the last quarter. Sculptor Capital LP bought a new stake in shares of Bitwise Bitcoin ETF during the first quarter valued at approximately $16,488,000. Traphagen Investment Advisors LLC raised its holdings in Bitwise Bitcoin ETF by 38.8% in the 1st quarter. Traphagen Investment Advisors LLC now owns 221,918 shares of the company’s stock worth $9,960,000 after acquiring an additional 62,073 shares during the last quarter. Finally, CWM LLC lifted its position in Bitwise Bitcoin ETF by 36.3% in the 1st quarter. CWM LLC now owns 193,172 shares of the company’s stock valued at $8,670,000 after acquiring an additional 51,397 shares in the last quarter.

Bitwise Bitcoin ETF Trading Up 2.2%

Shares of BITB opened at $68.27 on Tuesday. The business’s fifty day simple moving average is $62.43 and its two-hundred day simple moving average is $57.52. Bitwise Bitcoin ETF has a 12 month low of $32.04 and a 12 month high of $68.74.

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.