Geneva Partners LLC Buys 31,268 Shares of iShares Bitcoin Trust ETF $IBIT

Geneva Partners LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,634 shares of the company’s stock after acquiring an additional 31,268 shares during the quarter. iShares Bitcoin Trust ETF comprises approximately 2.5% of Geneva Partners LLC’s investment portfolio, making the stock its 15th biggest holding. Geneva Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $6,726,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IBIT. Sachetta LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 793.0% in the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares in the last quarter. Roble Belko & Company Inc lifted its holdings in iShares Bitcoin Trust ETF by 77.2% during the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 200 shares in the last quarter. Highline Wealth Partners LLC boosted its position 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 valued at $32,000 after buying an additional 300 shares during the last quarter. Semmax Financial Advisors Inc. boosted its position in iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the last quarter. Finally, WFA of San Diego LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at $34,000.

iShares Bitcoin Trust ETF Stock Down 2.8%

Shares of IBIT opened at $37.19 on Monday. The stock’s fifty day simple moving average is $46.16 and its 200-day simple moving average is $55.15. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82.

iShares Bitcoin Trust ETF 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.