Wealth Group Ltd boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 108.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,732 shares of the company’s stock after buying an additional 11,833 shares during the period. Wealth Group Ltd’s holdings in iShares Bitcoin Trust ETF were worth $1,085,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Allied Private Wealth LLC acquired a new stake in iShares Bitcoin Trust ETF during the 2nd quarter valued at approximately $28,000. Centerpoint Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the second quarter worth $34,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the second quarter worth $35,000. Steigerwald Gordon & Koch Inc. raised its holdings in shares of iShares Bitcoin Trust ETF by 58.3% during the first quarter. Steigerwald Gordon & Koch Inc. now owns 950 shares of the company’s stock worth $36,000 after purchasing an additional 350 shares during the last quarter. Finally, Steph & Co. purchased a new position in shares of iShares Bitcoin Trust ETF during the first quarter worth $37,000.
iShares Bitcoin Trust ETF Trading Down 2.9%
NASDAQ IBIT traded down $1.41 on Wednesday, reaching $47.08. 33,362,019 shares of the company’s stock traded hands, compared to its average volume of 52,529,879. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $70.59. The stock has a 50 day moving average price of $42.63 and a 200-day moving average price of $40.54.
About iShares Bitcoin Trust ETF
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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