Calamos Wealth Management LLC Purchases 22,045 Shares of iShares Bitcoin Trust ETF $IBIT

Calamos Wealth Management LLC boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 81.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,258 shares of the company’s stock after purchasing an additional 22,045 shares during the period. Calamos Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,202,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Brendel Financial Advisors LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the third quarter valued at approximately $237,000. Access Financial Services Inc. grew its holdings in iShares Bitcoin Trust ETF by 6.5% during the 3rd quarter. Access Financial Services Inc. now owns 7,057 shares of the company’s stock worth $459,000 after acquiring an additional 432 shares during the last quarter. Sax Wealth Advisors LLC increased its position in iShares Bitcoin Trust ETF by 1.6% in the 3rd quarter. Sax Wealth Advisors LLC now owns 11,574 shares of the company’s stock valued at $752,000 after acquiring an additional 180 shares during the period. Forefront Wealth Partners LLC bought a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at $950,000. Finally, Kingsman Wealth Management Inc. acquired a new position in shares of iShares Bitcoin Trust ETF during the third quarter worth $849,000.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $49.83 on Wednesday. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month high of $71.82. The company’s fifty day moving average is $53.89 and its 200 day moving average is $60.80.

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.