Mission Wealth Management LP Buys 28,202 Shares of iShares Bitcoin Trust ETF $IBIT

Mission Wealth Management LP raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 37.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 102,934 shares of the company’s stock after acquiring an additional 28,202 shares during the period. Mission Wealth Management LP’s holdings in iShares Bitcoin Trust ETF were worth $5,111,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Chapman Financial Group LLC bought a new stake in iShares Bitcoin Trust ETF in the 3rd quarter valued at $25,000. Anchor Investment Management LLC increased its holdings in iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after acquiring an additional 305 shares during the last quarter. Financial Life Planners bought a new stake in iShares Bitcoin Trust ETF in the 3rd quarter valued at $31,000. Semmax Financial Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after buying an additional 284 shares during the last quarter. Finally, Key Capital Management INC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $26,000.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $44.82 on Monday. The company’s 50-day moving average price is $41.73 and its 200-day moving average price is $46.54. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82.

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.