Park Avenue Securities LLC increased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 12.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 99,375 shares of the company’s stock after purchasing an additional 11,059 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,704,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the stock. WESPAC Advisors LLC bought a new position in shares of iShares Bitcoin Trust ETF in the third quarter worth about $643,000. Segment Wealth Management LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $329,000. Verdence Capital Advisors LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $416,000. National Wealth Management Group LLC grew its stake in shares of iShares Bitcoin Trust ETF by 4.5% during the 3rd quarter. National Wealth Management Group LLC now owns 16,078 shares of the company’s stock valued at $761,000 after acquiring an additional 685 shares during the period. Finally, FSA Wealth Partners Inc. bought a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $430,000.
iShares Bitcoin Trust ETF Price Performance
iShares Bitcoin Trust ETF stock opened at $45.71 on Friday. The firm has a 50 day moving average of $45.85 and a 200 day moving average of $41.63. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $63.03.
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.
Featured Stories
- Five stocks we like better than iShares Bitcoin Trust ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
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).
Receive News & Ratings for iShares Bitcoin Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
