Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Bought by Rpo LLC

Rpo LLC increased its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 3.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 304,385 shares of the company’s stock after acquiring an additional 9,300 shares during the period. Bitwise Bitcoin ETF makes up 8.4% of Rpo LLC’s portfolio, making the stock its 3rd biggest position. Rpo LLC’s holdings in Bitwise Bitcoin ETF were worth $10,529,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Avior Wealth Management LLC acquired a new stake in Bitwise Bitcoin ETF in the 3rd quarter valued at approximately $69,000. PNC Financial Services Group Inc. raised its stake in shares of Bitwise Bitcoin ETF by 66.1% during the third quarter. PNC Financial Services Group Inc. now owns 129,486 shares of the company’s stock valued at $4,479,000 after purchasing an additional 51,549 shares in the last quarter. Vance Wealth Inc. raised its stake in shares of Bitwise Bitcoin ETF by 20.0% during the third quarter. Vance Wealth Inc. now owns 25,027 shares of the company’s stock valued at $866,000 after purchasing an additional 4,177 shares in the last quarter. Claro Advisors LLC lifted its holdings in Bitwise Bitcoin ETF by 4.7% in the third quarter. Claro Advisors LLC now owns 31,734 shares of the company’s stock worth $1,098,000 after purchasing an additional 1,415 shares during the period. Finally, Intellectus Partners LLC bought a new position in Bitwise Bitcoin ETF in the 3rd quarter valued at about $348,000.

Bitwise Bitcoin ETF Stock Up 1.1 %

Shares of NYSEARCA:BITB opened at $50.47 on Wednesday. The company has a 50 day moving average of $37.49 and a 200-day moving average of $35.41. Bitwise Bitcoin ETF has a twelve month low of $21.05 and a twelve month high of $51.32.

About Bitwise Bitcoin ETF

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.