Compound Planning Inc. Acquires 73,554 Shares of iShares Bitcoin Trust ETF $IBIT

Compound Planning Inc. boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 496.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 88,378 shares of the company’s stock after acquiring an additional 73,554 shares during the period. Compound Planning Inc.’s holdings in iShares Bitcoin Trust ETF were worth $5,745,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sachetta LLC increased its position 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 buying an additional 341 shares during the period. Roble Belko & Company Inc boosted its position in iShares Bitcoin Trust ETF by 77.2% during the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares in the last quarter. Highline Wealth Partners LLC boosted its position in iShares Bitcoin Trust ETF by 150.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after acquiring an additional 300 shares in the last quarter. Semmax Financial Advisors Inc. grew its holdings 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 acquiring an additional 284 shares during the period. Finally, WFA of San Diego LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $34,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $36.55 on Tuesday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The business has a 50 day moving average of $47.06 and a 200-day moving average of $56.00.

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.