RWA Wealth Partners LLC Makes New $1.29 Million Investment in iShares Bitcoin Trust ETF $IBIT

RWA Wealth Partners LLC purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 21,069 shares of the company’s stock, valued at approximately $1,290,000.

Several other institutional investors have also modified their holdings of the business. Disciplined Investors L.L.C. bought a new stake in iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $247,000. AE Wealth Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 131.3% in the second quarter. AE Wealth Management LLC now owns 53,248 shares of the company’s stock valued at $3,259,000 after buying an additional 30,227 shares during the period. Legacy Investment Solutions LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the second quarter worth $61,000. Wedbush Securities Inc. increased its position in shares of iShares Bitcoin Trust ETF by 21.6% during the second quarter. Wedbush Securities Inc. now owns 33,000 shares of the company’s stock worth $2,020,000 after acquiring an additional 5,872 shares in the last quarter. Finally, Harvest Portfolios Group Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF during the second quarter worth $17,317,000.

iShares Bitcoin Trust ETF Stock Up 2.8%

IBIT opened at $58.88 on Monday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The firm’s fifty day simple moving average is $63.97 and its 200 day simple moving average is $62.69.

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.