Harvest Portfolios Group Inc. Raises Holdings in iShares Bitcoin Trust ETF $IBIT

Harvest Portfolios Group Inc. boosted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 859,466 shares of the company’s stock after acquiring an additional 129,052 shares during the quarter. Harvest Portfolios Group Inc. owned 0.06% of iShares Bitcoin Trust ETF worth $42,672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of IBIT. Caprock Group LLC bought a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $1,536,000. Investment House LLC bought a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $800,000. Brighton Jones LLC bought a new position in iShares Bitcoin Trust ETF during the 4th quarter valued at approximately $711,000. Cassaday & Co Wealth Management LLC raised its position in iShares Bitcoin Trust ETF by 247.5% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock valued at $2,074,000 after purchasing an additional 22,727 shares during the last quarter. Finally, Concentrum Wealth Management raised its position in iShares Bitcoin Trust ETF by 16.8% during the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock valued at $8,702,000 after purchasing an additional 19,269 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.1%

IBIT opened at $43.50 on Wednesday. The business 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 one year low of $35.30 and a one year 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.