Planning Alternatives Ltd. ADV lifted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 101.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,435 shares of the company’s stock after buying an additional 23,897 shares during the quarter. iShares Bitcoin Trust ETF makes up 0.2% of Planning Alternatives Ltd. ADV’s holdings, making the stock its 23rd largest holding. Planning Alternatives Ltd. ADV’s holdings in iShares Bitcoin Trust ETF were worth $1,822,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in IBIT. Brighton Jones LLC bought a new position in iShares Bitcoin Trust ETF during the 4th quarter worth about $711,000. Bison Wealth LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at about $3,140,000. Royal Bank of Canada raised its holdings in shares of iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after purchasing an additional 2,148 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares Bitcoin Trust ETF by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after purchasing an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $357,000.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ IBIT opened at $36.35 on Monday. The firm’s 50 day moving average price is $38.24 and its 200-day moving average price is $41.54. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week high of $71.82.
iShares Bitcoin Trust ETF Company Profile
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
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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.
