1,561,945 Shares in iShares Bitcoin Trust ETF $IBIT Acquired by SigFig Wealth Management LLC

SigFig Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, HoldingsChannel reports. The firm purchased 1,561,945 shares of the company’s stock, valued at approximately $73,942,000. iShares Bitcoin Trust ETF accounts for 1.8% of SigFig Wealth Management LLC’s portfolio, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IBIT. AG Campbell Advisory LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $38,000. Horizons Wealth Management purchased a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $37,000. Allied Private Wealth LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $28,000. SHP Wealth Management acquired a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $41,000. Finally, Union Savings Bank acquired a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $45,000.

iShares Bitcoin Trust ETF Trading Down 2.9%

Shares of NASDAQ IBIT traded down $1.40 during trading on Wednesday, reaching $47.09. The stock had a trading volume of 32,991,231 shares, compared to its average volume of 52,525,504. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $70.59. The business’s 50-day moving average price is $42.63 and its 200-day moving average price is $40.54.

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.