iShares Bitcoin Trust ETF $IBIT Holdings Lifted by Proathlete Wealth Management LLC

Proathlete Wealth Management LLC boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 7.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 159,848 shares of the company’s stock after acquiring an additional 10,418 shares during the quarter. iShares Bitcoin Trust ETF accounts for 3.0% of Proathlete Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Proathlete Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $10,390,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IBIT. Evermay Wealth Management LLC lifted its position in iShares Bitcoin Trust ETF by 15.8% during the second quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock valued at $67,000 after buying an additional 150 shares in the last quarter. McIlrath & Eck LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares during the period. Vivaldi Capital Management LP grew its holdings in iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares in the last quarter. Global Wealth Strategies & Associates grew its holdings in iShares Bitcoin Trust ETF by 8.3% during the 3rd quarter. Global Wealth Strategies & Associates now owns 2,266 shares of the company’s stock valued at $147,000 after purchasing an additional 173 shares in the last quarter. Finally, Silverlake Wealth Management LLC increased its stake in iShares Bitcoin Trust ETF by 3.8% during the 2nd quarter. Silverlake Wealth Management LLC now owns 4,791 shares of the company’s stock worth $293,000 after buying an additional 174 shares during the period.

iShares Bitcoin Trust ETF Trading Up 2.2%

Shares of IBIT stock opened at $49.71 on Wednesday. The company’s fifty day moving average price is $56.94 and its two-hundred day moving average price is $61.57. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82.

iShares Bitcoin Trust ETF Company Profile

The IShares Bitcoin Trust Registered (IBIT) 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 spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.