Kennedy Investment Group Makes New $1.05 Million Investment in iShares Bitcoin Trust ETF $IBIT

Kennedy Investment Group bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 21,109 shares of the company’s stock, valued at approximately $1,048,000.

Other large investors also recently modified their holdings of the company. Chapman Financial Group LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at about $25,000. Anchor Investment Management LLC raised its holdings in iShares Bitcoin Trust ETF by 210.3% during the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after buying an additional 305 shares during the period. Financial Life Planners bought a new position in iShares Bitcoin Trust ETF in the third quarter valued at approximately $31,000. Semmax Financial Advisors Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the period. Finally, Key Capital Management INC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $26,000.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT stock opened at $43.50 on Wednesday. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82. The firm has a fifty day moving average of $41.89 and a 200-day moving average of $46.26.

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.