Integrated Wealth Concepts LLC Has $11.74 Million Position in iShares Bitcoin Trust ETF $IBIT

Integrated Wealth Concepts LLC increased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 53.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 180,573 shares of the company’s stock after buying an additional 62,896 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Bitcoin Trust ETF were worth $11,737,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBIT. Sachetta LLC boosted its position in iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares during the last quarter. Chapman Financial Group LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the last quarter. Roble Belko & Company Inc lifted its position in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares in the last quarter. Finally, Financial Life Planners bought a new stake in shares of iShares Bitcoin Trust ETF in the third quarter worth $31,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $41.94 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The firm has a fifty day simple moving average of $43.92 and a 200 day simple moving average of $53.24.

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.