Ignite Planners LLC Purchases Shares of 4,959 iShares Bitcoin Trust ETF $IBIT

Ignite Planners LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 4,959 shares of the company’s stock, valued at approximately $331,000.

Several other institutional investors have also added to or reduced their stakes in IBIT. Goldman Sachs Group Inc. boosted its position in iShares Bitcoin Trust ETF by 80.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after buying an additional 13,731,993 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $408,082,000. BSN CAPITAL PARTNERS Ltd purchased a new stake in shares of iShares Bitcoin Trust ETF in the 1st quarter worth about $133,168,000. Senator Investment Group LP purchased a new stake in shares of iShares Bitcoin Trust ETF in the 1st quarter worth about $59,215,000. Finally, Mariner Investment Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $50,907,000.

iShares Bitcoin Trust ETF Stock Up 1.3%

NASDAQ:IBIT opened at $70.06 on Thursday. The company has a 50-day moving average price of $65.30 and a 200-day moving average price of $60.20. iShares Bitcoin Trust ETF has a 12 month low of $33.47 and a 12 month high of $71.82.

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.