DDD Partners LLC Has $2.58 Million Stake in iShares Bitcoin Trust ETF $IBIT

DDD Partners LLC lifted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 250.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 39,647 shares of the company’s stock after purchasing an additional 28,341 shares during the quarter. DDD Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,577,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IBIT. Sachetta LLC boosted its position in iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares during the period. Roble Belko & Company Inc raised its position in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares during the period. Semmax Financial Advisors Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after buying an additional 284 shares during the last quarter. Highline Wealth Partners LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 150.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after buying an additional 300 shares during the period. Finally, WFA of San Diego LLC acquired a new position in iShares Bitcoin Trust ETF in the 2nd quarter valued at about $34,000.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $38.97 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The company’s 50-day moving average price is $48.67 and its two-hundred day moving average price is $57.29.

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.