Cibc World Market Inc. Purchases 17,874 Shares of iShares Bitcoin Trust ETF $IBIT

Cibc World Market Inc. raised its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 4.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 399,494 shares of the company’s stock after acquiring an additional 17,874 shares during the quarter. Cibc World Market Inc.’s holdings in iShares Bitcoin Trust ETF were worth $19,835,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Intellectus Partners LLC bought a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at approximately $211,000. Sivia Capital Partners LLC boosted its position in iShares Bitcoin Trust ETF by 253.8% during the 4th quarter. Sivia Capital Partners LLC now owns 67,871 shares of the company’s stock valued at $3,370,000 after acquiring an additional 48,687 shares in the last quarter. Lido Advisors LLC boosted its position in iShares Bitcoin Trust ETF by 36.8% during the 4th quarter. Lido Advisors LLC now owns 347,172 shares of the company’s stock valued at $17,237,000 after acquiring an additional 93,309 shares in the last quarter. REAP Financial Group LLC boosted its position in shares of iShares Bitcoin Trust ETF by 327.5% in the 4th quarter. REAP Financial Group LLC now owns 3,266 shares of the company’s stock worth $162,000 after purchasing an additional 2,502 shares in the last quarter. Finally, Private Wealth Asset Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 532.2% in the 4th quarter. Private Wealth Asset Management LLC now owns 24,472 shares of the company’s stock worth $1,215,000 after purchasing an additional 20,601 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $34.14 on Friday. The business’s 50 day moving average price is $42.04 and its 200-day moving average price is $44.74. iShares Bitcoin Trust ETF has a 52 week low of $33.48 and a 52 week high of $71.82.

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.