42,146 Shares of iShares Bitcoin Trust ETF $IBIT Bought by Parisi Gray Wealth Management

Parisi Gray Wealth Management bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, HoldingsChannel reports. The fund bought 42,146 shares of the company’s stock, valued at approximately $1,995,000.

A number of other large investors have also recently made changes to their positions in IBIT. NEOS Investment Management LLC increased its position in iShares Bitcoin Trust ETF by 55.4% during the second quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock worth $180,584,000 after buying an additional 1,933,888 shares during the period. Walleye Capital LLC lifted its stake in iShares Bitcoin Trust ETF by 332.4% in the first quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock valued at $165,880,000 after buying an additional 3,319,115 shares during the last quarter. Pine Ridge Advisers LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 0.7% in the first quarter. Pine Ridge Advisers LLC now owns 2,243,827 shares of the company’s stock valued at $86,208,000 after acquiring an additional 16,447 shares during the period. Mariner Investment Group LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 6.5% in the fourth quarter. Mariner Investment Group LLC now owns 2,146,536 shares of the company’s stock valued at $106,576,000 after acquiring an additional 131,442 shares during the period. Finally, Wealthfront Advisers LLC grew its position in shares of iShares Bitcoin Trust ETF by 20.5% during the second quarter. Wealthfront Advisers LLC now owns 1,760,650 shares of the company’s stock worth $58,612,000 after acquiring an additional 300,119 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT traded down $0.44 during mid-day trading on Friday, reaching $46.15. 45,412,943 shares of the company’s stock were exchanged, compared to its average volume of 52,035,359. The business’s fifty day simple moving average is $44.27 and its 200-day simple moving average is $40.94. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week high of $65.97.

iShares Bitcoin Trust ETF 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.