Global Retirement Partners LLC Invests $10.67 Million in iShares Bitcoin Trust ETF $IBIT

Global Retirement Partners LLC acquired a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 320,608 shares of the company’s stock, valued at approximately $10,673,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. lifted its stake in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in shares of iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after buying an additional 459 shares in the last quarter. Sfam LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at $26,000. Allied Private Wealth LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at $28,000. Finally, Semmax Financial Advisors Inc. raised its holdings in shares of iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the period.

iShares Bitcoin Trust ETF Price Performance

IBIT opened at $35.63 on Monday. The stock’s 50-day moving average price is $35.88 and its 200 day moving average price is $39.37. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82.

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.