12,188 Shares in iShares Bitcoin Trust ETF $IBIT Acquired by Tarbox Family Office Inc.

Tarbox Family Office Inc. bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,188 shares of the company’s stock, valued at approximately $577,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IBIT. Horizons Wealth Management bought a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at $37,000. Allied Private Wealth LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at $28,000. Blueline Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF by 335.6% during the 3rd quarter. Blueline Advisors LLC now owns 819 shares of the company’s stock valued at $39,000 after purchasing an additional 631 shares during the period. Steigerwald Gordon & Koch Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 58.3% in the 1st quarter. Steigerwald Gordon & Koch Inc. now owns 950 shares of the company’s stock worth $36,000 after buying an additional 350 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of iShares Bitcoin Trust ETF by 111.9% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,000 shares of the company’s stock worth $47,000 after buying an additional 528 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $45.96 on Friday. The business has a fifty day simple moving average of $45.33 and a 200-day simple moving average of $41.23. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $65.97.

iShares Bitcoin Trust ETF Company 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.