BBR Partners LLC Has $5.07 Million Stock Position in iShares Bitcoin Trust ETF $IBIT

BBR Partners LLC increased its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 50.2% in the 4th quarter, Holdings Channel reports. The firm owned 102,136 shares of the company’s stock after buying an additional 34,118 shares during the quarter. BBR Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caprock Group LLC bought a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at $1,536,000. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at $711,000. Concentrum Wealth Management lifted its holdings in shares of iShares Bitcoin Trust ETF by 16.8% during the third quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock valued at $8,702,000 after acquiring an additional 19,269 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 247.5% during the third quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock valued at $2,074,000 after acquiring an additional 22,727 shares during the period. Finally, Procyon Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 920.1% during the fourth quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after acquiring an additional 205,292 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $36.02 on Friday. The business has a fifty day moving average of $42.16 and a two-hundred day moving average of $44.82. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82.

About iShares Bitcoin Trust ETF

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.