iShares Bitcoin Trust ETF $IBIT Stake Boosted by Investment Partners LTD.

Investment Partners LTD. lifted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 99.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,235 shares of the company’s stock after acquiring an additional 42,073 shares during the quarter. Investment Partners LTD.’s holdings in iShares Bitcoin Trust ETF were worth $3,988,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. William Mack & Associates Inc. acquired a new stake in iShares Bitcoin Trust ETF during the third quarter valued at $33,000. Horizons Wealth Management acquired a new position in iShares Bitcoin Trust ETF in the 3rd quarter worth about $37,000. Hilton Head Capital Partners LLC increased its position in iShares Bitcoin Trust ETF by 501.5% in the 3rd quarter. Hilton Head Capital Partners LLC now owns 794 shares of the company’s stock worth $38,000 after purchasing an additional 662 shares during the last quarter. Allied Private Wealth LLC acquired a new position in iShares Bitcoin Trust ETF in the 2nd quarter worth about $28,000. Finally, MADDEN SECURITIES Corp purchased a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth about $38,000.

iShares Bitcoin Trust ETF Trading Down 5.1%

Shares of iShares Bitcoin Trust ETF stock opened at $43.36 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week high of $63.03. The stock has a 50-day simple moving average of $45.89 and a 200-day simple moving average of $41.59.

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.