iShares Bitcoin Trust ETF $IBIT Shares Bought by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 207.0% during the third quarter, Holdings Channel.com reports. The firm owned 23,978 shares of the company’s stock after buying an additional 16,167 shares during the quarter. Alpha Cubed Investments LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,559,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sachetta LLC boosted its position in shares of iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares during the period. RMG Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at about $30,000. JFS Wealth Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF by 1,277.1% in the 2nd quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares during the last quarter. Roble Belko & Company Inc raised its stake in 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 buying an additional 200 shares in the last quarter. Finally, Highline Wealth Partners LLC lifted its position 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 last quarter.

iShares Bitcoin Trust ETF Trading Down 5.8%

IBIT opened at $47.60 on Friday. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82. The business’s 50-day simple moving average is $50.91 and its 200-day simple moving average is $59.33.

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.