Genesis Private Wealth LLC Purchases 36,594 Shares of iShares Bitcoin Trust ETF $IBIT

Genesis Private Wealth LLC acquired a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 36,594 shares of the company’s stock, valued at approximately $1,732,000.

Other large investors have also modified their holdings of the company. Apella Capital LLC boosted its holdings in iShares Bitcoin Trust ETF by 1.4% in the third quarter. Apella Capital LLC now owns 16,876 shares of the company’s stock valued at $797,000 after purchasing an additional 241 shares during the period. TD Waterhouse Canada Inc. grew its stake in iShares Bitcoin Trust ETF by 3.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock worth $238,000 after purchasing an additional 243 shares in the last quarter. Retirement Planning Group LLC grew its stake in iShares Bitcoin Trust ETF by 2.0% during the 1st quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after purchasing an additional 245 shares in the last quarter. WP Advisors LLC grew its stake in iShares Bitcoin Trust ETF by 4.2% during the 3rd quarter. WP Advisors LLC now owns 6,778 shares of the company’s stock worth $321,000 after purchasing an additional 275 shares in the last quarter. Finally, Cushing Capital Partners LLC grew its stake in iShares Bitcoin Trust ETF by 3.2% during the 3rd quarter. Cushing Capital Partners LLC now owns 9,722 shares of the company’s stock worth $460,000 after purchasing an additional 297 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $43.02 on Friday. The stock’s 50-day moving average is $45.86 and its two-hundred day moving average is $41.38. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $60.36.

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.