Palladiem LLC Invests $1.05 Million in iShares Bitcoin Trust ETF $IBIT

Palladiem LLC purchased a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 21,092 shares of the company’s stock, valued at approximately $1,048,000. iShares Bitcoin Trust ETF comprises about 1.0% of Palladiem LLC’s investment portfolio, making the stock its 18th biggest holding.

Several other large investors have also recently modified their holdings of the stock. McIlrath & Eck LLC raised its position in shares of iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after purchasing an additional 163 shares during the last quarter. Vivaldi Capital Management LP raised its position in shares of iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares during the last quarter. Thoroughbred Financial Services LLC raised its position in iShares Bitcoin Trust ETF by 3.3% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock worth $345,000 after buying an additional 172 shares during the last quarter. Consolidated Portfolio Review Corp raised its position in iShares Bitcoin Trust ETF by 2.3% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock worth $510,000 after buying an additional 174 shares during the last quarter. Finally, Gilbert & Cook Inc. raised its position in iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock worth $394,000 after buying an additional 196 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $34.14 on Friday. iShares Bitcoin Trust ETF has a fifty-two week low of $33.48 and a fifty-two week high of $71.82. The business has a 50-day simple moving average of $42.04 and a two-hundred day simple moving average of $44.74.

iShares Bitcoin Trust ETF 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.