Parr Mcknight Wealth Management Group LLC increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 689.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 84,562 shares of the company’s stock after purchasing an additional 73,852 shares during the period. Parr Mcknight Wealth Management Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,003,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NEOS Investment Management LLC increased its stake in iShares Bitcoin Trust ETF by 55.4% in the 2nd quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock valued at $180,584,000 after buying an additional 1,933,888 shares during the period. Walleye Capital LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 332.4% in the 1st quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock worth $165,880,000 after acquiring an additional 3,319,115 shares during the period. Pilgrim Partners Asia Pte Ltd boosted its holdings in shares of iShares Bitcoin Trust ETF by 43.1% in the third quarter. Pilgrim Partners Asia Pte Ltd now owns 2,607,600 shares of the company’s stock valued at $123,444,000 after acquiring an additional 785,300 shares in the last quarter. Pine Ridge Advisers LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 0.7% in the first quarter. Pine Ridge Advisers LLC now owns 2,243,827 shares of the company’s stock valued at $86,208,000 after acquiring an additional 16,447 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its stake in shares of iShares Bitcoin Trust ETF by 20.5% during the second quarter. Wealthfront Advisers LLC now owns 1,760,650 shares of the company’s stock worth $58,612,000 after acquiring an additional 300,119 shares during the period.
iShares Bitcoin Trust ETF Trading Up 1.6%
Shares of iShares Bitcoin Trust ETF stock opened at $44.05 on Wednesday. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week high of $60.36. The company’s 50-day simple moving average is $45.87 and its 200-day simple moving average is $41.48.
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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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