Harvest Portfolios Group Inc. Acquires 129,052 Shares of iShares Bitcoin Trust ETF $IBIT

Harvest Portfolios Group Inc. raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17.7% in the fourth quarter, HoldingsChannel reports. The firm owned 859,466 shares of the company’s stock after buying an additional 129,052 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in iShares Bitcoin Trust ETF were worth $42,672,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBIT. Chapman Financial Group LLC bought a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $25,000. Key Capital Management INC purchased a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth approximately $26,000. Anchor Investment Management LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 210.3% during the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after acquiring an additional 305 shares during the period. Financial Life Planners purchased a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $31,000. Finally, Semmax Financial Advisors Inc. grew its holdings in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.1%

IBIT stock opened at $43.50 on Wednesday. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82. The business’s 50 day moving average price is $41.89 and its two-hundred day moving average price is $46.26.

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.