Audent Global Asset Management LLC Buys New Stake in iShares Bitcoin Trust ETF $IBIT

Audent Global Asset Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 86,863 shares of the company’s stock, valued at approximately $5,646,000. iShares Bitcoin Trust ETF accounts for about 4.1% of Audent Global Asset Management LLC’s portfolio, making the stock its 8th biggest position.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at about $711,000. Bison Wealth LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth about $3,140,000. Royal Bank of Canada lifted its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after acquiring an additional 2,148 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of iShares Bitcoin Trust ETF by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after acquiring an additional 1,760 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in shares of iShares Bitcoin Trust ETF in the second quarter valued at approximately $357,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $47.49 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The stock’s 50 day moving average price is $50.91 and its 200 day moving average price is $59.19.

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.