iShares Bitcoin Trust ETF $IBIT Position Increased by BigSur Wealth Management LLC

BigSur Wealth Management LLC grew its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 122.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 261,483 shares of the company’s stock after buying an additional 143,888 shares during the period. iShares Bitcoin Trust ETF accounts for 4.2% of BigSur Wealth Management LLC’s holdings, making the stock its 3rd biggest position. BigSur Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $16,996,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in IBIT. Signature Resources Capital Management LLC grew its stake in shares of iShares Bitcoin Trust ETF by 81.6% during 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. RMG Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at $30,000. JFS Wealth Advisors LLC boosted its holdings 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 worth $30,000 after buying an additional 447 shares in the last quarter. Semmax Financial Advisors Inc. grew its position in iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the period. Finally, WFA of San Diego LLC acquired a new stake in iShares Bitcoin Trust ETF during the second quarter valued at $34,000.

iShares Bitcoin Trust ETF Trading Up 0.4%

Shares of iShares Bitcoin Trust ETF stock opened at $50.09 on Tuesday. The firm has a 50-day simple moving average of $55.45 and a two-hundred day simple moving average of $61.28. iShares Bitcoin Trust ETF has a fifty-two week low of $42.98 and a fifty-two week high of $71.82.

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.