iShares Bitcoin Trust ETF $IBIT Stock: Simplicity Wealth LLC Raises Holdings

Simplicity Wealth LLC grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 59.2% during the third quarter, HoldingsChannel reports. The firm owned 54,746 shares of the company’s stock after buying an additional 20,349 shares during the period. Simplicity Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,592,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of IBIT. Concurrent Investment Advisors LLC raised its position in shares of iShares Bitcoin Trust ETF by 12.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 103,456 shares of the company’s stock worth $3,444,000 after acquiring an additional 11,140 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 1.9% in the 2nd quarter. HighTower Advisors LLC now owns 1,349,658 shares of the company’s stock valued at $44,930,000 after purchasing an additional 24,674 shares during the period. OceanIQ Capital LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at about $816,000. Round Rock Advisors LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at about $3,124,000. Finally, Broussard Financial Group LLC boosted its position in shares of iShares Bitcoin Trust ETF by 72.4% during the 1st quarter. Broussard Financial Group LLC now owns 70,478 shares of the company’s stock valued at $2,708,000 after purchasing an additional 29,588 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $45.96 on Monday. The business has a 50 day simple moving average of $45.33 and a 200 day simple moving average of $41.24. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year 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.