PPSC Investment Service Corp Increases Stake in iShares Bitcoin Trust ETF $IBIT

PPSC Investment Service Corp boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 10.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 424,000 shares of the company’s stock after purchasing an additional 39,000 shares during the period. iShares Bitcoin Trust ETF comprises about 2.2% of PPSC Investment Service Corp’s holdings, making the stock its 6th largest holding. PPSC Investment Service Corp’s holdings in iShares Bitcoin Trust ETF were worth $27,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Signature Resources Capital Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 81.6% in the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after acquiring an additional 200 shares during the last quarter. RMG Wealth Management LLC acquired a new position in iShares Bitcoin Trust ETF in the 2nd quarter worth about $30,000. JFS Wealth Advisors LLC raised its position in iShares Bitcoin Trust ETF by 1,277.1% in 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 last quarter. Highline Wealth Partners LLC raised its position in iShares Bitcoin Trust ETF by 150.0% in the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the last quarter. Finally, Semmax Financial Advisors Inc. boosted its stake in shares of iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.4%

iShares Bitcoin Trust ETF stock opened at $49.65 on Friday. The business has a 50 day moving average of $53.40 and a 200-day moving average of $60.65. iShares Bitcoin Trust ETF has a 1 year low of $42.98 and a 1 year 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.