J. Safra Sarasin Holding AG Purchases 11,447 Shares of iShares Bitcoin Trust ETF $IBIT

J. Safra Sarasin Holding AG lifted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 11.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 107,838 shares of the company’s stock after purchasing an additional 11,447 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in iShares Bitcoin Trust ETF were worth $7,009,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IBIT. Sachetta LLC grew its holdings in iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at $30,000. JFS Wealth Advisors LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 1,277.1% during the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares during the period. Roble Belko & Company Inc boosted its position 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 worth $30,000 after purchasing an additional 200 shares in the last quarter. Finally, Highline Wealth Partners LLC grew its stake in shares of 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 period.

iShares Bitcoin Trust ETF Trading Up 2.0%

Shares of IBIT opened at $50.63 on Wednesday. The business’s fifty day moving average is $50.95 and its 200 day moving average is $59.47. iShares Bitcoin Trust ETF has a 12-month low of $42.98 and a 12-month 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.