Parr Mcknight Wealth Management Group LLC lifted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 689.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,562 shares of the company’s stock after purchasing an additional 73,852 shares during the quarter. Parr Mcknight Wealth Management Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,003,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the company. Walleye Capital LLC lifted its stake in iShares Bitcoin Trust ETF by 332.4% in the first quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock valued at $165,880,000 after buying an additional 3,319,115 shares during the last quarter. NEOS Investment Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 55.4% in the second quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock valued at $180,584,000 after acquiring an additional 1,933,888 shares during the period. SigFig Wealth Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at approximately $73,942,000. Pilgrim Partners Asia Pte Ltd grew its position in shares of iShares Bitcoin Trust ETF by 43.1% during the third quarter. Pilgrim Partners Asia Pte Ltd now owns 2,607,600 shares of the company’s stock worth $123,444,000 after acquiring an additional 785,300 shares during the last quarter. Finally, Himension Capital Singapore PTE. LTD. purchased a new position in shares of iShares Bitcoin Trust ETF during the first quarter worth approximately $18,480,000.
iShares Bitcoin Trust ETF Stock Up 1.6%
Shares of iShares Bitcoin Trust ETF stock opened at $44.05 on Wednesday. The firm’s fifty day simple moving average is $45.87 and its 200-day simple moving average is $41.48. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month 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.
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