19,630 Shares in iShares Bitcoin Trust ETF $IBIT Acquired by Tenet Wealth Partners LLC

Tenet Wealth Partners LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, Holdings Channel reports. The institutional investor acquired 19,630 shares of the company’s stock, valued at approximately $722,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. McIlrath & Eck LLC grew its holdings in 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 acquiring an additional 163 shares during the last quarter. Vivaldi Capital Management LP boosted its holdings in shares of iShares Bitcoin Trust ETF by 3.3% during the second 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 period. Channel Wealth LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 5.7% during the fourth quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock worth $213,000 after purchasing an additional 233 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 3.6% during the second quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock worth $238,000 after purchasing an additional 243 shares during the period. Finally, Retirement Planning Group LLC grew its stake in shares of 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 worth $491,000 after purchasing an additional 245 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $45.23 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The stock’s 50-day moving average is $38.08 and its 200 day moving average is $39.44.

iShares Bitcoin Trust ETF Company 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.