iShares Bitcoin Trust ETF $IBIT Shares Purchased by Compound Planning Inc.

Compound Planning Inc. boosted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 21.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 107,727 shares of the company’s stock after acquiring an additional 19,349 shares during the period. Compound Planning Inc.’s holdings in iShares Bitcoin Trust ETF were worth $5,349,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Chapman Financial Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $25,000. Marshall & Sterling Wealth Advisors Inc. boosted its position in iShares Bitcoin Trust ETF by 12,500.0% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Key Capital Management INC acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth $26,000. Vermillion & White Wealth Management Group LLC increased its position in iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after buying an additional 459 shares during the period. Finally, Sfam LLC acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth $26,000.

iShares Bitcoin Trust ETF Trading Down 2.0%

IBIT stock opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $33.48 and a 1 year high of $71.82. The stock’s fifty day moving average is $41.64 and its two-hundred day moving average is $43.78.

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.