Gateway Wealth Partners LLC Purchases 27,361 Shares of iShares Bitcoin Trust ETF $IBIT

Gateway Wealth Partners LLC raised its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 122.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,660 shares of the company’s stock after buying an additional 27,361 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,908,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IBIT. Morgan Stanley grew its holdings in shares of iShares Bitcoin Trust ETF by 21.5% in the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after purchasing an additional 2,374,482 shares in the last quarter. Mubadala Investment Co PJSC raised its stake in iShares Bitcoin Trust ETF by 45.6% during the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock valued at $630,670,000 after purchasing an additional 3,975,351 shares in the last quarter. Laurore Ltd bought a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at $436,239,000. Al Warda Investments RSC Ltd lifted its position in iShares Bitcoin Trust ETF by 3.2% during the fourth quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock valued at $408,059,000 after purchasing an additional 255,319 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC lifted its position in iShares Bitcoin Trust ETF by 19.2% during the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after purchasing an additional 1,093,183 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $36.14 on Wednesday. The firm has a fifty day simple moving average of $37.09 and a two-hundred day simple moving average of $40.84. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week 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.