Partners Wealth Management LLC Buys 130,042 Shares of iShares Bitcoin Trust ETF $IBIT

Partners Wealth Management LLC bought a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 130,042 shares of the company’s stock, valued at approximately $6,156,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NEOS Investment Management LLC raised its position in shares of iShares Bitcoin Trust ETF by 55.4% in the 2nd quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock worth $180,584,000 after purchasing an additional 1,933,888 shares during the last quarter. Walleye Capital LLC grew its position in iShares Bitcoin Trust ETF by 332.4% during the 1st quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock valued at $165,880,000 after purchasing an additional 3,319,115 shares during the last quarter. Pine Ridge Advisers LLC grew its position in iShares Bitcoin Trust ETF by 0.7% during the 1st quarter. Pine Ridge Advisers LLC now owns 2,243,827 shares of the company’s stock valued at $86,208,000 after purchasing an additional 16,447 shares during the last quarter. SigFig Wealth Management LLC bought a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at about $73,942,000. Finally, Wealthfront Advisers LLC raised its holdings in iShares Bitcoin Trust ETF by 20.5% in the second quarter. Wealthfront Advisers LLC now owns 1,760,650 shares of the company’s stock worth $58,612,000 after buying an additional 300,119 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Down 0.9%

Shares of NASDAQ IBIT opened at $45.71 on Friday. The firm’s 50 day moving average price is $45.85 and its 200-day moving average price is $41.63. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week high of $63.03.

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.