iShares Bitcoin Trust ETF $IBIT Holdings Raised by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 19.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,637 shares of the company’s stock after buying an additional 4,631 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,927,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IBIT. Brighton Jones LLC purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Bison Wealth LLC purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $3,140,000. Wealth Enhancement Advisory Services LLC lifted its position in iShares Bitcoin Trust ETF by 31.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 184,869 shares of the company’s stock worth $8,654,000 after buying an additional 44,295 shares in the last quarter. Blue Trust Inc. lifted its position in iShares Bitcoin Trust ETF by 23.4% in the 1st quarter. Blue Trust Inc. now owns 6,616 shares of the company’s stock worth $310,000 after buying an additional 1,256 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its position in iShares Bitcoin Trust ETF by 39.2% in the 1st quarter. Avior Wealth Management LLC now owns 18,985 shares of the company’s stock worth $889,000 after buying an additional 5,346 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Down 1.6%

IBIT stock opened at $60.47 on Monday. iShares Bitcoin Trust ETF has a 12-month low of $37.09 and a 12-month high of $71.82. The company has a 50 day moving average of $65.12 and a two-hundred day moving average of $61.13.

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.