Lauer Wealth LLC Has $1.84 Million Holdings in iShares Bitcoin Trust ETF $IBIT

Lauer Wealth LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 57.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,186 shares of the company’s stock after buying an additional 10,706 shares during the quarter. iShares Bitcoin Trust ETF accounts for about 1.3% of Lauer Wealth LLC’s portfolio, making the stock its 16th largest position. Lauer Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,844,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC raised its position 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 period. RMG Wealth Management LLC bought a new stake in iShares Bitcoin Trust ETF in the second quarter valued at approximately $30,000. JFS Wealth Advisors LLC raised its holdings 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 worth $30,000 after purchasing an additional 447 shares during the period. Highline Wealth Partners LLC boosted its position in shares of iShares Bitcoin Trust ETF by 150.0% during the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares in the last quarter. Finally, Semmax Financial Advisors Inc. increased its position in shares of iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Up 0.9%

IBIT stock opened at $49.83 on Wednesday. The business’s 50-day moving average price is $53.89 and its two-hundred day moving average price is $60.80. iShares Bitcoin Trust ETF has a 1-year low of $42.98 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.