Unique Wealth LLC Buys 23,707 Shares of iShares Bitcoin Trust ETF $IBIT

Unique Wealth LLC boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 127.4% during the fourth quarter, HoldingsChannel reports. The firm owned 42,315 shares of the company’s stock after buying an additional 23,707 shares during the period. Unique Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,101,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. StoneX Group Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 41.2% in the second quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock worth $4,347,000 after buying an additional 20,755 shares during the period. Caprock Group LLC purchased a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at about $1,536,000. Finer Wealth Management Inc. grew its position in iShares Bitcoin Trust ETF by 136.2% during the 2nd quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock worth $2,428,000 after acquiring an additional 22,872 shares during the last quarter. Kingstone Capital Partners Texas LLC grew its position in iShares Bitcoin Trust ETF by 50.6% during the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after acquiring an additional 21,815 shares during the last quarter. Finally, Calamos Wealth Management LLC increased its stake in iShares Bitcoin Trust ETF by 81.0% in the 3rd quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock worth $3,202,000 after purchasing an additional 22,045 shares during the period.

iShares Bitcoin Trust ETF Trading Down 1.1%

Shares of IBIT stock opened at $39.82 on Friday. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82. The stock has a 50 day moving average price of $43.26 and a two-hundred day moving average price of $52.92.

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.