Elevation Point Wealth Partners LLC Purchases 62,281 Shares of iShares Bitcoin Trust ETF $IBIT

Elevation Point Wealth Partners LLC lifted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 882.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 69,337 shares of the company’s stock after purchasing an additional 62,281 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,664,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF during the third quarter valued at $25,000. Marshall & Sterling Wealth Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 12,500.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after buying an additional 500 shares during the last quarter. Key Capital Management INC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $26,000. Vermillion & White Wealth Management Group LLC raised its position in shares of iShares Bitcoin Trust ETF by 637.5% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after buying an additional 459 shares in the last quarter. Finally, Sfam LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at about $26,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $34.87 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82. The company has a 50-day moving average price of $39.91 and a 200 day moving average price of $42.52.

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.