LFG Wealth Partners LLC Invests $2.71 Million in iShares Bitcoin Trust ETF $IBIT

LFG Wealth Partners LLC acquired a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 54,599 shares of the company’s stock, valued at approximately $2,711,000. iShares Bitcoin Trust ETF makes up approximately 1.7% of LFG Wealth Partners LLC’s portfolio, making the stock its 18th biggest holding.

Several other large investors have also modified their holdings of the stock. Morgan Stanley boosted its position in shares of iShares Bitcoin Trust ETF by 21.5% in the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after buying an additional 2,374,482 shares during the period. Laurore Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter worth $436,239,000. Schonfeld Strategic Advisors LLC boosted its position in shares of iShares Bitcoin Trust ETF by 19.2% in the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after buying an additional 1,093,183 shares during the period. Macquarie Group Ltd. boosted its position in shares of iShares Bitcoin Trust ETF by 16.4% in the fourth quarter. Macquarie Group Ltd. now owns 5,126,143 shares of the company’s stock worth $254,513,000 after buying an additional 721,351 shares during the period. Finally, Sculptor Capital LP boosted its position in shares of iShares Bitcoin Trust ETF by 59.5% in the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after buying an additional 1,673,788 shares during the period.

iShares Bitcoin Trust ETF Trading Up 4.7%

Shares of NASDAQ:IBIT opened at $37.74 on Tuesday. iShares Bitcoin Trust ETF has a 1 year low of $33.48 and a 1 year high of $71.82. The business has a fifty day simple moving average of $41.78 and a 200 day simple moving average of $44.10.

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.