High Note Wealth LLC Increases Position in iShares Bitcoin Trust ETF $IBIT

High Note Wealth LLC increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 99.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 71,584 shares of the company’s stock after buying an additional 35,680 shares during the period. iShares Bitcoin Trust ETF comprises about 0.9% of High Note Wealth LLC’s holdings, making the stock its 29th biggest position. High Note Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,653,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. IFC Advisors LLC boosted its position in iShares Bitcoin Trust ETF by 3.7% in the third quarter. IFC Advisors LLC now owns 22,580 shares of the company’s stock worth $1,468,000 after purchasing an additional 816 shares during the last quarter. Pittenger & Anderson Inc. increased its position in shares of iShares Bitcoin Trust ETF by 6.8% during the 3rd quarter. Pittenger & Anderson Inc. now owns 6,021 shares of the company’s stock valued at $391,000 after purchasing an additional 385 shares during the last quarter. Impact Partnership Wealth LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 70.1% in the 3rd quarter. Impact Partnership Wealth LLC now owns 33,997 shares of the company’s stock worth $2,210,000 after buying an additional 14,012 shares during the last quarter. Cypress Capital Group boosted its holdings in shares of iShares Bitcoin Trust ETF by 45.8% in the 3rd quarter. Cypress Capital Group now owns 11,300 shares of the company’s stock worth $734,000 after buying an additional 3,550 shares during the last quarter. Finally, Alpha Cubed Investments LLC grew its position in iShares Bitcoin Trust ETF by 207.0% during the third quarter. Alpha Cubed Investments LLC now owns 23,978 shares of the company’s stock valued at $1,559,000 after buying an additional 16,167 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $47.49 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $42.98 and a 52-week high of $71.82. The company has a 50-day simple moving average of $50.91 and a 200 day simple moving average of $59.19.

About iShares Bitcoin Trust ETF

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.