Argos Wealth Advisors LLC purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 33,413 shares of the company’s stock, valued at approximately $1,659,000. iShares Bitcoin Trust ETF comprises 0.5% of Argos Wealth Advisors LLC’s holdings, making the stock its 28th biggest position.
Several other institutional investors and hedge funds also recently made changes to their positions in IBIT. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF in the 3rd quarter worth about $25,000. Key Capital Management INC bought a new position in iShares Bitcoin Trust ETF in the 4th quarter worth about $26,000. Anchor Investment Management LLC boosted its stake in iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares during the period. Financial Life Planners bought a new position in iShares Bitcoin Trust ETF in the 3rd quarter worth about $31,000. Finally, Semmax Financial Advisors Inc. boosted its stake in iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares during the period.
iShares Bitcoin Trust ETF Stock Performance
Shares of NASDAQ IBIT opened at $45.80 on Wednesday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The business has a 50-day simple moving average of $41.39 and a two-hundred day simple moving average of $46.92.
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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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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