Hohimer Wealth Management LLC Acquires Shares of 18,026 iShares Bitcoin Trust ETF $IBIT

Hohimer Wealth Management LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,026 shares of the company’s stock, valued at approximately $1,172,000.

A number of other institutional investors have also modified their holdings of the business. McIlrath & Eck LLC boosted its stake in iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after purchasing an additional 163 shares during the period. Vivaldi Capital Management LP boosted its stake in shares of iShares Bitcoin Trust ETF by 3.3% during the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after buying an additional 163 shares during the period. Howard Capital Management Group LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 0.6% during the third quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after buying an additional 165 shares during the period. Encompass Wealth Advisors LLC increased its position in iShares Bitcoin Trust ETF by 2.2% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock valued at $498,000 after acquiring an additional 165 shares during the period. Finally, Thoroughbred Financial Services LLC increased its position in iShares Bitcoin Trust ETF by 3.3% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after acquiring an additional 172 shares during the period.

iShares Bitcoin Trust ETF Stock Down 2.8%

iShares Bitcoin Trust ETF stock opened at $37.19 on Friday. The stock has a 50 day moving average of $46.16 and a two-hundred day moving average of $55.35. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82.

iShares Bitcoin Trust ETF 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.