Triad Wealth Partners LLC Makes New Investment in iShares Bitcoin Trust ETF $IBIT

Triad Wealth Partners LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, Holdings Channel.com reports. The fund purchased 14,981 shares of the company’s stock, valued at approximately $974,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Evermay Wealth Management LLC increased its position in iShares Bitcoin Trust ETF by 15.8% in the second quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock worth $67,000 after purchasing an additional 150 shares during the period. McIlrath & Eck LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares in the last quarter. Vivaldi Capital Management LP lifted its stake in iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after buying an additional 163 shares in the last quarter. Howard Capital Management Group LLC boosted its stake in iShares Bitcoin Trust ETF by 0.6% in the 3rd quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after purchasing an additional 165 shares during the period. Finally, Encompass Wealth Advisors LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 2.2% during the third quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock worth $498,000 after buying an additional 165 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 0.7%

iShares Bitcoin Trust ETF stock opened at $51.11 on Thursday. The company has a fifty day simple moving average of $51.19 and a 200 day simple moving average of $59.87. iShares Bitcoin Trust ETF has a 1-year low of $42.98 and a 1-year 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.