SigFig Wealth Management LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,561,945 shares of the company’s stock, valued at approximately $73,942,000. iShares Bitcoin Trust ETF makes up approximately 1.8% of SigFig Wealth Management LLC’s portfolio, making the stock its 15th biggest position. SigFig Wealth Management LLC owned 0.11% of iShares Bitcoin Trust ETF as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. E6 Portfolios LLC acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $864,000. Concurrent Investment Advisors LLC lifted its position in shares of iShares Bitcoin Trust ETF by 12.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 103,456 shares of the company’s stock valued at $3,444,000 after buying an additional 11,140 shares in the last quarter. OceanIQ Capital LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at approximately $816,000. J. Derek Lewis & Associates Inc. acquired a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at $747,000. Finally, Broussard Financial Group LLC grew its stake in iShares Bitcoin Trust ETF by 72.4% in the 1st quarter. Broussard Financial Group LLC now owns 70,478 shares of the company’s stock valued at $2,708,000 after acquiring an additional 29,588 shares during the period.
iShares Bitcoin Trust ETF Stock Down 2.9%
Shares of NASDAQ IBIT traded down $1.40 during trading on Wednesday, hitting $47.09. The company had a trading volume of 32,991,231 shares, compared to its average volume of 52,525,504. The stock has a fifty day simple moving average of $42.63 and a two-hundred day simple moving average of $40.54. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $70.59.
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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