DDD Partners LLC Has $2.58 Million Stake in iShares Bitcoin Trust ETF $IBIT

DDD Partners LLC raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 250.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,647 shares of the company’s stock after buying an additional 28,341 shares during the period. DDD Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,577,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of IBIT. Sachetta LLC boosted its position in iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares during the last quarter. Roble Belko & Company Inc raised its stake in shares of 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 purchasing an additional 200 shares in the last quarter. Semmax Financial Advisors Inc. boosted its holdings 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 buying an additional 284 shares during the last quarter. Highline Wealth Partners LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 150.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after buying an additional 300 shares during the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of iShares Bitcoin Trust ETF in the second quarter valued at $34,000.

iShares Bitcoin Trust ETF Stock Up 5.2%

NASDAQ IBIT opened at $38.97 on Friday. The firm’s fifty day moving average price is $48.67 and its two-hundred day moving average price is $57.29. iShares Bitcoin Trust ETF has a 1 year low of $35.30 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.