iShares Bitcoin Trust ETF $IBIT Stock Position Boosted by Maripau Wealth Management LLC

Maripau Wealth Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 10.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,790 shares of the company’s stock after acquiring an additional 11,988 shares during the quarter. iShares Bitcoin Trust ETF comprises approximately 4.0% of Maripau Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Maripau Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $7,916,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Sachetta LLC raised its position in 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 purchasing an additional 341 shares during the period. Chapman Financial Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the third quarter worth about $25,000. Anchor Investment Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after buying an additional 305 shares during the period. Roble Belko & Company Inc grew its stake in shares of 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 buying an additional 200 shares in the last quarter. Finally, Financial Life Planners acquired a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at about $31,000.

iShares Bitcoin Trust ETF Trading Up 3.9%

Shares of NASDAQ:IBIT opened at $41.94 on Tuesday. The business’s 50-day simple moving average is $43.92 and its 200 day simple moving average is $53.24. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one 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.