National Wealth Management Group LLC Takes $924,000 Position in iShares Bitcoin Trust ETF $IBIT

National Wealth Management Group LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,221 shares of the company’s stock, valued at approximately $924,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $711,000. Bison Wealth LLC purchased a new position in iShares Bitcoin Trust ETF during the 4th quarter valued at about $3,140,000. Royal Bank of Canada raised its holdings in shares of iShares Bitcoin Trust ETF by 3.6% during the first 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 in the last quarter. Jones Financial Companies Lllp raised its position in iShares Bitcoin Trust ETF by 427.2% during the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after acquiring an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at $357,000.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $50.70 on Monday. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82. The company’s fifty day moving average price is $51.04 and its two-hundred day moving average price is $59.69.

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.