AE Wealth Management LLC Has $6.94 Million Stake in iShares Bitcoin Trust ETF $IBIT

AE Wealth Management LLC raised its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 100.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 106,738 shares of the company’s stock after purchasing an additional 53,490 shares during the quarter. AE Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $6,938,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in IBIT. Evermay Wealth Management LLC increased its stake in iShares Bitcoin Trust ETF by 15.8% during the second quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock valued at $67,000 after acquiring an additional 150 shares during the period. Vivaldi Capital Management LP lifted its position in shares of iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after acquiring an additional 163 shares during the period. McIlrath & Eck LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after purchasing an additional 163 shares in the last quarter. Howard Capital Management Group LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 0.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after purchasing an additional 165 shares in the last quarter. Finally, Encompass Wealth Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF by 2.2% during the third quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock valued at $498,000 after purchasing an additional 165 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $47.49 on Friday. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82. The business has a fifty day simple moving average of $50.91 and a 200 day simple moving average of $59.19.

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.