Rathbones Group PLC Boosts Stake in iShares Bitcoin Trust ETF $IBIT

Rathbones Group PLC boosted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 1,250.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,399 shares of the company’s stock after buying an additional 81,855 shares during the period. Rathbones Group PLC’s holdings in iShares Bitcoin Trust ETF were worth $4,389,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. BlueStem Wealth Partners LLC lifted its holdings in iShares Bitcoin Trust ETF by 33.1% during the fourth quarter. BlueStem Wealth Partners LLC now owns 6,071 shares of the company’s stock worth $301,000 after buying an additional 1,509 shares during the period. Kennedy Investment Group purchased a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth $1,048,000. IFP Advisors Inc lifted its holdings in shares of iShares Bitcoin Trust ETF by 203.8% during the 4th quarter. IFP Advisors Inc now owns 103,973 shares of the company’s stock valued at $5,162,000 after purchasing an additional 69,746 shares during the last quarter. Brown Wealth Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 4.4% during the 4th quarter. Brown Wealth Management LLC now owns 66,075 shares of the company’s stock valued at $3,281,000 after purchasing an additional 2,773 shares during the last quarter. Finally, Northbridge Financial Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at $1,279,000.

iShares Bitcoin Trust ETF Trading Up 0.0%

Shares of IBIT opened at $44.00 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The stock has a fifty day moving average price of $42.07 and a 200-day moving average price of $46.01.

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.