360 Financial Inc. Makes New Investment in iShares Bitcoin Trust ETF $IBIT

360 Financial Inc. bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 82,326 shares of the company’s stock, valued at approximately $5,351,000. iShares Bitcoin Trust ETF makes up about 1.7% of 360 Financial Inc.’s investment portfolio, making the stock its 12th largest holding.

Other large investors have also recently made changes to their positions in the company. Sachetta LLC increased its position in iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after buying an additional 341 shares during the period. Roble Belko & Company Inc grew its position in shares of iShares Bitcoin Trust ETF by 77.2% during the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares during the last quarter. Highline Wealth Partners LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 150.0% in 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 during the period. Semmax Financial Advisors Inc. raised its position in iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new stake in iShares Bitcoin Trust ETF in the 2nd quarter valued at $34,000.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $38.26 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82. The company’s fifty day moving average is $46.41 and its two-hundred day moving average is $55.56.

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.