iShares Bitcoin Trust ETF $IBIT Shares Newly Purchased by Parisi Gray Wealth Management

Parisi Gray Wealth Management acquired a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 42,146 shares of the company’s stock, valued at approximately $1,995,000.

A number of other hedge funds have also made changes to their positions in IBIT. Apella Capital LLC raised its position in shares of iShares Bitcoin Trust ETF by 1.4% during the 3rd quarter. Apella Capital LLC now owns 16,876 shares of the company’s stock worth $797,000 after acquiring an additional 241 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in iShares Bitcoin Trust ETF by 3.6% in the second quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock valued at $238,000 after purchasing an additional 243 shares in the last quarter. Retirement Planning Group LLC boosted its holdings in iShares Bitcoin Trust ETF by 2.0% in the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after purchasing an additional 245 shares in the last quarter. Forum Financial Management LP increased its stake in iShares Bitcoin Trust ETF by 1.8% in the first quarter. Forum Financial Management LP now owns 15,698 shares of the company’s stock valued at $603,000 after purchasing an additional 279 shares during the last quarter. Finally, Wealth Preservation Advisors LLC increased its stake in iShares Bitcoin Trust ETF by 13.8% in the fourth quarter. Wealth Preservation Advisors LLC now owns 2,303 shares of the company’s stock valued at $114,000 after purchasing an additional 280 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.9%

IBIT stock traded down $0.44 during midday trading on Friday, reaching $46.15. 45,412,943 shares of the company were exchanged, compared to its average volume of 52,035,359. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $65.97. The stock’s 50-day simple moving average is $44.27 and its 200 day simple moving average is $40.94.

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.