Embree Financial Group Buys 5,254 Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB)

Embree Financial Group increased its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 10.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,499 shares of the company’s stock after buying an additional 5,254 shares during the quarter. Embree Financial Group’s holdings in Bitwise Bitcoin ETF were worth $2,822,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Susquehanna International Group LLP boosted its holdings in Bitwise Bitcoin ETF by 238.5% during the 2nd quarter. Susquehanna International Group LLP now owns 1,898,597 shares of the company’s stock worth $62,065,000 after acquiring an additional 1,337,765 shares during the last quarter. Millennium Management LLC lifted its position in shares of Bitwise Bitcoin ETF by 71.3% during the second quarter. Millennium Management LLC now owns 1,979,534 shares of the company’s stock valued at $64,711,000 after purchasing an additional 823,817 shares in the last quarter. Orion Portfolio Solutions LLC boosted its holdings in Bitwise Bitcoin ETF by 4,033.4% during the third quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock worth $9,585,000 after purchasing an additional 270,396 shares during the last quarter. Beaird Harris Wealth Management LLC grew its position in Bitwise Bitcoin ETF by 135.7% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 211,994 shares of the company’s stock worth $7,333,000 after purchasing an additional 122,045 shares in the last quarter. Finally, Clear Creek Financial Management LLC increased its stake in Bitwise Bitcoin ETF by 173.8% in the 3rd quarter. Clear Creek Financial Management LLC now owns 126,395 shares of the company’s stock valued at $4,372,000 after buying an additional 80,226 shares during the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of NYSEARCA BITB opened at $57.08 on Friday. The stock’s 50 day moving average price is $53.40 and its 200-day moving average price is $41.37. Bitwise Bitcoin ETF has a twelve month low of $21.57 and a twelve month high of $59.07.

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.