352,978 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 352,978 shares of the company’s stock, valued at approximately $22,944,000.

Several other large investors also recently modified their holdings of IBIT. Signature Resources Capital Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 81.6% during the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares in the last quarter. RMG Wealth Management LLC bought a new position in iShares Bitcoin Trust ETF in the second quarter valued at approximately $30,000. JFS Wealth Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 1,277.1% in the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 447 shares during the period. Semmax Financial Advisors Inc. increased its position in shares of iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares in the last quarter. Finally, Highline Wealth Partners LLC increased its position in shares of iShares Bitcoin Trust ETF by 150.0% during the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after acquiring an additional 300 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 2.6%

IBIT opened at $50.94 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The firm’s fifty day simple moving average is $53.16 and its 200 day simple moving average is $60.58.

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.