Triad Wealth Partners LLC Buys New Stake in iShares Bitcoin Trust ETF $IBIT

Triad Wealth Partners LLC acquired a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 14,981 shares of the company’s stock, valued at approximately $974,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sachetta LLC raised its stake in iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares during the period. Signature Resources Capital Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 81.6% during the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares in the last quarter. RMG Wealth Management LLC purchased a new position in iShares Bitcoin Trust ETF in the 2nd quarter worth about $30,000. Roble Belko & Company Inc lifted its holdings 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 valued at $30,000 after purchasing an additional 200 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted its position in shares of iShares Bitcoin Trust ETF by 1,277.1% in the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $51.11 on Thursday. The business’s 50-day moving average price is $51.19 and its two-hundred day moving average price is $59.87. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82.

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.