GRIMES & Co WEALTH MANAGEMENT LLC Has $874,000 Stock Holdings in iShares Bitcoin Trust ETF $IBIT

GRIMES & Co WEALTH MANAGEMENT LLC raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 179.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,610 shares of the company’s stock after buying an additional 11,311 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in iShares Bitcoin Trust ETF were worth $874,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. McIlrath & Eck LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after acquiring an additional 163 shares during the last quarter. Vivaldi Capital Management LP lifted its position in iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after acquiring an additional 163 shares in the last quarter. Thoroughbred Financial Services LLC boosted its stake in iShares Bitcoin Trust ETF by 3.3% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after purchasing an additional 172 shares during the last quarter. FSB Premier Wealth Management Inc. increased its holdings in iShares Bitcoin Trust ETF by 2.4% during the 3rd quarter. FSB Premier Wealth Management Inc. now owns 7,244 shares of the company’s stock worth $471,000 after purchasing an additional 173 shares in the last quarter. Finally, Consolidated Portfolio Review Corp increased its holdings in iShares Bitcoin Trust ETF by 2.3% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock worth $510,000 after purchasing an additional 174 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $45.41 on Friday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The business has a 50 day moving average price of $40.93 and a 200-day moving average price of $47.28.

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.