Quantify Chaos Advisors LLC Invests $1.41 Million in iShares Bitcoin Trust ETF $IBIT

Quantify Chaos Advisors LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the fourth quarter, Holdings Channel.com reports. The fund bought 28,441 shares of the company’s stock, valued at approximately $1,412,000. iShares Bitcoin Trust ETF makes up about 4.3% of Quantify Chaos Advisors LLC’s holdings, making the stock its 6th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Chapman Financial Group LLC acquired a new stake in iShares Bitcoin Trust ETF during the 3rd quarter worth about $25,000. Key Capital Management INC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at about $26,000. Anchor Investment Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the period. Financial Life Planners bought a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at about $31,000. Finally, Semmax Financial Advisors Inc. grew its stake in iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.1%

Shares of IBIT stock opened at $43.50 on Wednesday. The stock has a 50 day simple moving average of $41.89 and a two-hundred day simple moving average of $46.26. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week 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.