Audent Global Asset Management LLC Takes Position in iShares Bitcoin Trust ETF $IBIT

Audent Global Asset Management LLC acquired a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 86,863 shares of the company’s stock, valued at approximately $5,646,000. iShares Bitcoin Trust ETF comprises approximately 4.1% of Audent Global Asset Management LLC’s investment portfolio, making the stock its 8th largest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sachetta LLC increased its holdings 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 valued at $25,000 after buying an additional 341 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth $30,000. Roble Belko & Company Inc raised its position in shares of iShares Bitcoin Trust ETF by 77.2% during the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the period. JFS Wealth Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 1,277.1% during the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares during the last quarter. Finally, Semmax Financial Advisors Inc. boosted its position 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 valued at $33,000 after purchasing an additional 284 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $47.49 on Friday. The business’s 50-day moving average price is $50.91 and its 200 day moving average price is $59.19. iShares Bitcoin Trust ETF has a 1-year low of $42.98 and a 1-year high of $71.82.

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.