Gradient Investments LLC Grows Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Gradient Investments LLC grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 38.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,018 shares of the company’s stock after acquiring an additional 11,495 shares during the period. Gradient Investments LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,666,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IBIT. Signature Resources Capital Management LLC boosted its stake in 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 worth $27,000 after purchasing an additional 200 shares during the period. TD Capital Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 48.9% in the first quarter. TD Capital Management LLC now owns 636 shares of the company’s stock worth $30,000 after buying an additional 209 shares in the last quarter. RMG Wealth Management LLC bought a new position in shares of iShares Bitcoin Trust ETF in the second quarter valued at approximately $30,000. JFS Wealth Advisors LLC grew its stake in iShares Bitcoin Trust ETF by 1,277.1% during the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after acquiring an additional 447 shares in the last quarter. Finally, Semmax Financial Advisors Inc. increased its holdings in iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the period.

iShares Bitcoin Trust ETF Trading Down 2.0%

NASDAQ IBIT opened at $48.71 on Thursday. The company’s 50 day simple moving average is $56.51 and its two-hundred day simple moving average is $61.48. iShares Bitcoin Trust ETF has a 1 year low of $42.98 and a 1 year 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.