iShares Bitcoin Trust ETF $IBIT Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,084 shares of the company’s stock after acquiring an additional 14,714 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Bitcoin Trust ETF were worth $6,440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Integral Investment Advisors Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 0.4% during the third quarter. Integral Investment Advisors Inc. now owns 55,688 shares of the company’s stock worth $3,620,000 after purchasing an additional 244 shares during the last quarter. Pachira Investments Inc. increased its stake in iShares Bitcoin Trust ETF by 5.6% in the 3rd quarter. Pachira Investments Inc. now owns 34,524 shares of the company’s stock valued at $2,244,000 after buying an additional 1,829 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in iShares Bitcoin Trust ETF by 13.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 2,850 shares of the company’s stock worth $185,000 after buying an additional 332 shares during the last quarter. Cerity Partners LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 51.4% in the 3rd quarter. Cerity Partners LLC now owns 1,571,557 shares of the company’s stock worth $102,151,000 after acquiring an additional 533,498 shares during the period. Finally, Galvin Gaustad & Stein LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 2.5% in the 3rd quarter. Galvin Gaustad & Stein LLC now owns 12,380 shares of the company’s stock worth $805,000 after acquiring an additional 300 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.0%

Shares of iShares Bitcoin Trust ETF stock opened at $51.52 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $42.98 and a 52-week high of $71.82. The company’s 50-day simple moving average is $52.29 and its 200-day simple moving average is $60.38.

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.