Global Retirement Partners LLC Takes $10.67 Million Position in iShares Bitcoin Trust ETF $IBIT

Global Retirement Partners LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 320,608 shares of the company’s stock, valued at approximately $10,673,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. McIlrath & Eck LLC grew its stake 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 valued at $43,000 after buying an additional 163 shares during the period. Vivaldi Capital Management LP raised its position in shares of 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 buying an additional 163 shares during the period. ST Germain D J Co. Inc. lifted its holdings in iShares Bitcoin Trust ETF by 2.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 8,059 shares of the company’s stock valued at $400,000 after acquiring an additional 220 shares during the last quarter. Channel Wealth LLC lifted its holdings in iShares Bitcoin Trust ETF by 5.7% in the fourth quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock valued at $213,000 after acquiring an additional 233 shares during the last quarter. Finally, Retirement Planning Group LLC grew its position in iShares Bitcoin Trust ETF by 2.0% in the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after acquiring an additional 245 shares during the period.

iShares Bitcoin Trust ETF Price Performance

IBIT stock opened at $35.63 on Monday. The business has a fifty day moving average of $35.88 and a two-hundred day moving average of $39.37. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week 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.