Graetz Wealth LLC Buys Shares of 50,130 iShares Bitcoin Trust ETF $IBIT

Graetz Wealth LLC bought a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 50,130 shares of the company’s stock, valued at approximately $1,926,000. iShares Bitcoin Trust ETF comprises approximately 1.7% of Graetz Wealth LLC’s portfolio, making the stock its 22nd biggest position.

Several other institutional investors have also modified their holdings of the stock. Laurore Ltd acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at about $436,239,000. Mubadala Investment Co PJSC raised its position in shares of iShares Bitcoin Trust ETF by 45.6% during the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock valued at $630,670,000 after buying an additional 3,975,351 shares during the period. 59 North Capital Management LP purchased a new stake in iShares Bitcoin Trust ETF in the third quarter valued at $169,100,000. Marshall Wace LLP raised its position in iShares Bitcoin Trust ETF by 229.8% in the fourth quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock valued at $171,181,000 after purchasing an additional 2,402,259 shares during the period. Finally, Morgan Stanley lifted its stake in shares of iShares Bitcoin Trust ETF by 21.5% in the 4th quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after purchasing an additional 2,374,482 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Up 1.6%

Shares of IBIT stock opened at $35.81 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $71.82. The company has a 50-day moving average of $39.27 and a two-hundred day moving average of $42.11.

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.