Harvest Portfolios Group Inc. Acquires 447,507 Shares of iShares Bitcoin Trust ETF $IBIT

Harvest Portfolios Group Inc. raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 158.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 730,414 shares of the company’s stock after acquiring an additional 447,507 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in iShares Bitcoin Trust ETF were worth $47,477,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sachetta LLC boosted its holdings in iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after buying an additional 341 shares during the period. Roble Belko & Company Inc boosted its holdings in shares of iShares Bitcoin Trust ETF by 77.2% during the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after buying an additional 200 shares in the last quarter. Highline Wealth Partners LLC increased its holdings in iShares Bitcoin Trust ETF by 150.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after buying an additional 300 shares in the last quarter. Semmax Financial Advisors Inc. increased its stake in shares of iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares in the last quarter. Finally, WFA of San Diego LLC bought a new position in iShares Bitcoin Trust ETF in the 2nd quarter worth $34,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $37.19 on Friday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The business has a 50-day simple moving average of $46.16 and a two-hundred day simple moving average of $55.35.

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.