Avid Wealth Partners LLC lifted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 32.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 63,747 shares of the company’s stock after purchasing an additional 15,790 shares during the quarter. iShares Bitcoin Trust ETF comprises approximately 1.0% of Avid Wealth Partners LLC’s holdings, making the stock its 12th largest holding. Avid Wealth Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,122,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of IBIT. Brighton Jones LLC acquired a new position in iShares Bitcoin Trust ETF during the 4th quarter worth $711,000. E6 Portfolios LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at about $864,000. Milestone Asset Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 113.9% during the fourth quarter. Milestone Asset Management LLC now owns 25,464 shares of the company’s stock worth $1,264,000 after purchasing an additional 13,561 shares during the last quarter. WealthPlan Investment Management LLC bought a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter worth about $1,421,000. Finally, VCI Wealth Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 16.7% during the fourth quarter. VCI Wealth Management LLC now owns 152,033 shares of the company’s stock worth $7,548,000 after purchasing an additional 21,787 shares during the last quarter.
iShares Bitcoin Trust ETF Trading Down 0.7%
Shares of IBIT opened at $35.63 on Friday. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week high of $71.82. The stock has a 50 day moving average of $35.88 and a 200-day moving average of $39.45.
About iShares Bitcoin Trust ETF
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.
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