iShares Bitcoin Trust ETF $IBIT Shares Purchased by Proathlete Wealth Management LLC

Proathlete Wealth Management LLC grew its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 7.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 159,848 shares of the company’s stock after purchasing an additional 10,418 shares during the period. iShares Bitcoin Trust ETF makes up about 3.0% of Proathlete Wealth Management LLC’s holdings, making the stock its 8th biggest position. Proathlete Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $10,390,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IBIT. Evermay Wealth Management LLC grew its position 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 worth $67,000 after buying an additional 150 shares during the period. McIlrath & Eck LLC lifted its position 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 valued at $43,000 after acquiring an additional 163 shares during the period. Vivaldi Capital Management LP boosted its stake in shares of iShares Bitcoin Trust ETF by 3.3% during 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 in the last quarter. Global Wealth Strategies & Associates boosted its position in shares of iShares Bitcoin Trust ETF by 8.3% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,266 shares of the company’s stock worth $147,000 after buying an additional 173 shares in the last quarter. Finally, Silverlake Wealth Management LLC grew its holdings in iShares Bitcoin Trust ETF by 3.8% during the 2nd quarter. Silverlake Wealth Management LLC now owns 4,791 shares of the company’s stock valued at $293,000 after buying an additional 174 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Up 2.2%

IBIT stock opened at $49.71 on Wednesday. The company has a 50 day moving average price of $56.94 and a two-hundred day moving average price of $61.57. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82.

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.