iShares Bitcoin Trust ETF $IBIT Stock Position Boosted by Columbus Macro LLC

Columbus Macro LLC grew its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 28.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,506 shares of the company’s stock after purchasing an additional 14,060 shares during the quarter. Columbus Macro LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,006,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of IBIT. Financial Planning Navigators CORP bought a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at $338,000. Sanders Morris Harris LLC bought a new stake in iShares Bitcoin Trust ETF in the third quarter worth $553,000. Firethorn Wealth Partners LLC lifted its stake in iShares Bitcoin Trust ETF by 4.1% in the third quarter. Firethorn Wealth Partners LLC now owns 13,444 shares of the company’s stock worth $636,000 after purchasing an additional 526 shares during the last quarter. 6th Street Advisors LLC bought a new stake in iShares Bitcoin Trust ETF in the third quarter worth $205,000. Finally, KMG Fiduciary Partners LLC lifted its stake in iShares Bitcoin Trust ETF by 21.6% in the third quarter. KMG Fiduciary Partners LLC now owns 57,911 shares of the company’s stock worth $2,742,000 after purchasing an additional 10,283 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT traded down $0.89 during trading on Wednesday, hitting $46.24. 40,176,931 shares of the company’s stock traded hands, compared to its average volume of 52,132,320. The stock has a fifty day moving average of $43.69 and a two-hundred day moving average of $40.78. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $65.97.

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.