Lansing Street Advisors Grows Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Lansing Street Advisors boosted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 97.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,829 shares of the company’s stock after buying an additional 49,693 shares during the quarter. iShares Bitcoin Trust ETF makes up about 1.7% of Lansing Street Advisors’ holdings, making the stock its 16th largest position. Lansing Street Advisors’ holdings in iShares Bitcoin Trust ETF were worth $6,554,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sachetta LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares during the last quarter. Roble Belko & Company Inc boosted its holdings in iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares in the last quarter. Highline Wealth Partners LLC increased its stake in iShares Bitcoin Trust ETF by 150.0% in the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the last quarter. Semmax Financial Advisors Inc. increased its stake in iShares Bitcoin Trust ETF by 135.9% in the second 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 last quarter. Finally, WFA of San Diego LLC acquired a new stake in iShares Bitcoin Trust ETF during the second quarter worth approximately $34,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $38.26 on Friday. The firm has a 50 day simple moving average of $46.41 and a 200-day simple moving average of $55.56. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82.

About iShares Bitcoin Trust ETF

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.