Mission Wealth Management LP lifted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 37.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 102,934 shares of the company’s stock after buying an additional 28,202 shares during the period. Mission Wealth Management LP’s holdings in iShares Bitcoin Trust ETF were worth $5,111,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in IBIT. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $711,000. Bison Wealth LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $3,140,000. Royal Bank of Canada increased its holdings in shares of iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after buying an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Bitcoin Trust ETF by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after buying an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $357,000.
iShares Bitcoin Trust ETF Stock Performance
Shares of NASDAQ:IBIT opened at $44.82 on Monday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The firm’s 50-day moving average is $41.73 and its 200 day moving average is $46.54.
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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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