Bleakley Financial Group LLC Acquires 51,178 Shares of iShares Bitcoin Trust ETF $IBIT

Bleakley Financial Group LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 13.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 422,164 shares of the company’s stock after purchasing an additional 51,178 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $20,960,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Mmbg Investment Advisors CO. increased its stake in iShares Bitcoin Trust ETF by 28.1% during the 4th quarter. Mmbg Investment Advisors CO. now owns 22,666 shares of the company’s stock valued at $1,125,000 after purchasing an additional 4,974 shares in the last quarter. Seaview Investment Managers LLC boosted its holdings in iShares Bitcoin Trust ETF by 22.4% during the 4th quarter. Seaview Investment Managers LLC now owns 20,945 shares of the company’s stock worth $1,040,000 after acquiring an additional 3,831 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 77.5% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 12,687 shares of the company’s stock worth $630,000 after acquiring an additional 5,541 shares during the last quarter. GatePass Capital LLC boosted its holdings in iShares Bitcoin Trust ETF by 13.9% during the 4th quarter. GatePass Capital LLC now owns 4,738 shares of the company’s stock worth $235,000 after acquiring an additional 577 shares during the last quarter. Finally, Ceera Investments LLC boosted its holdings in iShares Bitcoin Trust ETF by 20.3% during the 4th quarter. Ceera Investments LLC now owns 4,600 shares of the company’s stock worth $228,000 after acquiring an additional 775 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

IBIT opened at $42.96 on Tuesday. The firm’s fifty day moving average price is $42.19 and its two-hundred day moving average price is $45.79. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year 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.