iShares Bitcoin Trust ETF $IBIT Shares Bought by Friday Financial

Friday Financial increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 165.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 46,014 shares of the company’s stock after buying an additional 28,652 shares during the period. iShares Bitcoin Trust ETF makes up about 0.8% of Friday Financial’s portfolio, making the stock its 24th largest holding. Friday Financial’s holdings in iShares Bitcoin Trust ETF were worth $2,285,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Sachetta LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares during the last quarter. Chapman Financial Group LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares during the last quarter. Roble Belko & Company Inc lifted its holdings in shares of iShares Bitcoin Trust ETF by 77.2% in the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the last quarter. Finally, Financial Life Planners acquired a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $31,000.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $40.05 on Tuesday. The firm has a fifty day moving average of $42.79 and a 200-day moving average of $52.46. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82.

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.