Axxcess Wealth Management LLC increased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 56.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 222,973 shares of the company’s stock after buying an additional 80,493 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $11,071,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Chapman Financial Group LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the third quarter valued at about $25,000. Anchor Investment Management LLC increased its position in shares of iShares Bitcoin Trust ETF by 210.3% during 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 during the last quarter. Financial Life Planners acquired a new position in shares of iShares Bitcoin Trust ETF in the third quarter worth about $31,000. Semmax Financial Advisors Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares in the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its holdings in iShares Bitcoin Trust ETF by 12,500.0% in 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.
iShares Bitcoin Trust ETF Price Performance
Shares of IBIT opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a one year low of $33.48 and a one year high of $71.82. The stock has a 50-day moving average price of $41.64 and a 200 day moving average price 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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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