130,042 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Partners Wealth Management LLC

Partners Wealth Management LLC bought a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 130,042 shares of the company’s stock, valued at approximately $6,156,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in IBIT. William Mack & Associates Inc. purchased a new stake in iShares Bitcoin Trust ETF in the third quarter worth $33,000. Horizons Wealth Management purchased a new position in iShares Bitcoin Trust ETF during the third quarter valued at $37,000. Hilton Head Capital Partners LLC lifted its position in iShares Bitcoin Trust ETF by 501.5% during the third quarter. Hilton Head Capital Partners LLC now owns 794 shares of the company’s stock valued at $38,000 after buying an additional 662 shares during the period. Allied Private Wealth LLC purchased a new position in iShares Bitcoin Trust ETF during the second quarter valued at $28,000. Finally, MADDEN SECURITIES Corp bought a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at $38,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $45.71 on Friday. The company’s fifty day moving average price is $45.85 and its 200-day moving average price is $41.63. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $63.03.

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.