LRI Investments LLC Acquires 13,125 Shares of iShares Bitcoin Trust ETF $IBIT

LRI Investments LLC boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 262.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 18,125 shares of the company’s stock after purchasing an additional 13,125 shares during the period. LRI Investments LLC’s holdings in iShares Bitcoin Trust ETF were worth $900,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF during the third quarter worth about $25,000. Sachetta LLC lifted its holdings in iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares in the last quarter. Anchor Investment Management LLC lifted its holdings in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after acquiring an additional 305 shares in the last quarter. Roble Belko & Company Inc lifted its holdings in iShares Bitcoin Trust ETF by 77.2% during the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares in the last quarter. Finally, Financial Life Planners bought a new position in iShares Bitcoin Trust ETF during the third quarter worth about $31,000.

iShares Bitcoin Trust ETF Trading Up 0.0%

IBIT stock opened at $45.41 on Friday. The business’s 50-day moving average price is $40.93 and its two-hundred day moving average price is $47.28. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-year 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.