Integrated Wealth Concepts LLC increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 24.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 408,760 shares of the company’s stock after purchasing an additional 81,152 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares Bitcoin Trust ETF were worth $13,608,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at $711,000. E6 Portfolios LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $864,000. WealthPlan Investment Management LLC purchased a new position in iShares Bitcoin Trust ETF in the 4th quarter worth $1,421,000. Harvest Portfolios Group Inc. raised its stake in iShares Bitcoin Trust ETF by 17.7% in the 4th quarter. Harvest Portfolios Group Inc. now owns 859,466 shares of the company’s stock worth $42,672,000 after acquiring an additional 129,052 shares during the last quarter. Finally, Garde Capital Inc. lifted its position in iShares Bitcoin Trust ETF by 860.0% during the 4th quarter. Garde Capital Inc. now owns 157,146 shares of the company’s stock worth $7,802,000 after acquiring an additional 140,777 shares during the period.
iShares Bitcoin Trust ETF Trading Down 0.2%
iShares Bitcoin Trust ETF stock opened at $44.29 on Thursday. The business’s 50-day simple moving average is $38.73 and its two-hundred day simple moving average is $39.58. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $71.82.
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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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