Forum Financial Management LP Has $474,000 Stake in iShares Bitcoin Trust ETF $IBIT

Forum Financial Management LP lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 63.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,750 shares of the company’s stock after buying an additional 3,003 shares during the quarter. Forum Financial Management LP’s holdings in iShares Bitcoin Trust ETF were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Brighton Jones LLC acquired a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at $711,000. Bison Wealth LLC acquired a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at $3,140,000. Spire Wealth Management grew its position in iShares Bitcoin Trust ETF by 254.6% in the 1st quarter. Spire Wealth Management now owns 14,291 shares of the company’s stock valued at $669,000 after purchasing an additional 10,261 shares during the period. Bessemer Group Inc. grew its position in iShares Bitcoin Trust ETF by 27.7% in the 1st quarter. Bessemer Group Inc. now owns 11,209 shares of the company’s stock valued at $525,000 after purchasing an additional 2,430 shares during the period. Finally, HBK Sorce Advisory LLC grew its position in iShares Bitcoin Trust ETF by 63.4% in the 1st quarter. HBK Sorce Advisory LLC now owns 15,080 shares of the company’s stock valued at $706,000 after purchasing an additional 5,852 shares during the period.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $62.83 on Friday. The company has a fifty day simple moving average of $64.60 and a 200 day simple moving average of $61.51. iShares Bitcoin Trust ETF has a 12-month low of $37.47 and a 12-month high of $71.82.

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.