iShares Bitcoin Trust ETF $IBIT Position Increased by BBR Partners LLC

BBR Partners LLC raised its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 50.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,136 shares of the company’s stock after buying an additional 34,118 shares during the quarter. BBR Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,071,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Chapman Financial Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the third quarter worth approximately $25,000. Marshall & Sterling Wealth Advisors Inc. grew its holdings in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Key Capital Management INC acquired a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $26,000. Anchor Investment Management LLC grew its holdings in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the last quarter. Finally, Financial Life Planners acquired a new position in iShares Bitcoin Trust ETF during the third quarter valued at approximately $31,000.

iShares Bitcoin Trust ETF Trading Down 2.6%

Shares of IBIT stock opened at $36.02 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The business’s 50 day moving average is $42.16 and its two-hundred day moving average is $44.82.

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.