Argentarii LLC Takes $708,000 Position in iShares Bitcoin Trust ETF $IBIT

Argentarii LLC purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 14,264 shares of the company’s stock, valued at approximately $708,000.

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

iShares Bitcoin Trust ETF Trading Down 3.4%

Shares of IBIT opened at $38.82 on Friday. The company has a 50-day simple moving average of $41.90 and a 200-day simple moving average of $52.12. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82.

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.