Harvest Portfolios Group Inc. Purchases 447,507 Shares of iShares Bitcoin Trust ETF $IBIT

Harvest Portfolios Group Inc. grew its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 158.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 730,414 shares of the company’s stock after acquiring an additional 447,507 shares during the quarter. Harvest Portfolios Group Inc. owned 0.05% of iShares Bitcoin Trust ETF worth $47,477,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. McIlrath & Eck LLC boosted 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 valued at $43,000 after purchasing an additional 163 shares during the period. Vivaldi Capital Management LP raised its position in shares of iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after buying an additional 163 shares in the last quarter. Howard Capital Management Group LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 0.6% in the third quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock valued at $1,670,000 after buying an additional 165 shares during the period. Encompass Wealth Advisors LLC grew its position in iShares Bitcoin Trust ETF by 2.2% during the third quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock worth $498,000 after buying an additional 165 shares in the last quarter. Finally, Thoroughbred Financial Services LLC increased its stake in iShares Bitcoin Trust ETF by 3.3% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock worth $345,000 after acquiring an additional 172 shares during the period.

iShares Bitcoin Trust ETF Price Performance

IBIT opened at $37.19 on Friday. The business’s fifty day moving average is $46.16 and its 200-day moving average is $55.35. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-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.