Simplicity Wealth LLC Raises Stock Position in iShares Bitcoin Trust ETF $IBIT

Simplicity Wealth LLC lifted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 67.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,365 shares of the company’s stock after acquiring an additional 35,285 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,679,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Sachetta LLC boosted its position in shares of iShares Bitcoin Trust ETF by 793.0% in the third quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after buying an additional 341 shares during the period. Signature Resources Capital Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 81.6% in the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after acquiring an additional 200 shares during the period. RMG Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the second quarter valued at $30,000. JFS Wealth Advisors LLC grew its holdings in iShares Bitcoin Trust ETF by 1,277.1% during the 2nd quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares in the last quarter. Finally, Roble Belko & Company Inc increased its stake in iShares Bitcoin Trust ETF by 77.2% during the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $51.11 on Thursday. iShares Bitcoin Trust ETF has a 1-year low of $42.98 and a 1-year high of $71.82. The business has a 50-day moving average of $51.19 and a 200-day moving average of $59.87.

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.