DiPaolo Financial Group Inc. Takes Position in iShares Bitcoin Trust ETF $IBIT

DiPaolo Financial Group Inc. purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 18,773 shares of the company’s stock, valued at approximately $932,000. iShares Bitcoin Trust ETF makes up approximately 1.0% of DiPaolo Financial Group Inc.’s holdings, making the stock its 15th biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of IBIT. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Concentrum Wealth Management raised its position in shares of iShares Bitcoin Trust ETF by 16.8% during the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock valued at $8,702,000 after buying an additional 19,269 shares in the last quarter. Procyon Advisors LLC raised its position in shares of iShares Bitcoin Trust ETF by 920.1% during the 4th quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after buying an additional 205,292 shares in the last quarter. Step Capital Management Pte. Ltd. bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $3,724,000. Finally, Columbus Macro LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 77.0% during the 4th quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock worth $1,630,000 after acquiring an additional 14,284 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Down 2.0%

Shares of NASDAQ:IBIT opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $33.48 and a 52-week high of $71.82. The firm has a fifty day moving average of $41.64 and a 200 day moving average of $43.78.

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.