Claro Advisors LLC Has $1.10 Million Stock Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Claro Advisors LLC boosted its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 4.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,734 shares of the company’s stock after purchasing an additional 1,415 shares during the quarter. Claro Advisors LLC’s holdings in Bitwise Bitcoin ETF were worth $1,098,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Massmutual Trust Co. FSB ADV acquired a new position in shares of Bitwise Bitcoin ETF during the second quarter valued at about $33,000. Park Place Capital Corp bought a new stake in Bitwise Bitcoin ETF in the second quarter worth about $34,000. Fairway Wealth LLC raised its position in Bitwise Bitcoin ETF by 258.1% in the third quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock worth $38,000 after acquiring an additional 800 shares during the period. Farther Finance Advisors LLC raised its position in Bitwise Bitcoin ETF by 6,150.0% in the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after acquiring an additional 2,460 shares during the period. Finally, Allworth Financial LP raised its position in shares of Bitwise Bitcoin ETF by 381.5% in the third quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock valued at $88,000 after purchasing an additional 2,026 shares during the period.

Bitwise Bitcoin ETF Stock Up 4.6 %

Shares of NYSEARCA:BITB opened at $49.85 on Monday. The company has a 50 day moving average of $36.74 and a 200 day moving average of $35.14. Bitwise Bitcoin ETF has a 12 month low of $21.05 and a 12 month high of $50.97.

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.