14,617 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Forefront Wealth Partners LLC

Forefront Wealth Partners LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,617 shares of the company’s stock, valued at approximately $950,000.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC bought a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at about $711,000. Bison Wealth LLC purchased a new position in iShares Bitcoin Trust ETF in the fourth quarter valued at about $3,140,000. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Bitcoin Trust ETF by 261.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 730 shares of the company’s stock valued at $34,000 after acquiring an additional 528 shares during the last quarter. Comerica Bank grew its position in shares of iShares Bitcoin Trust ETF by 6.6% during the 1st quarter. Comerica Bank now owns 13,284 shares of the company’s stock valued at $622,000 after acquiring an additional 821 shares during the period. Finally, Ieq Capital LLC grew its position in shares of iShares Bitcoin Trust ETF by 371.1% during the 1st quarter. Ieq Capital LLC now owns 22,415 shares of the company’s stock valued at $1,049,000 after acquiring an additional 17,657 shares during the period.

iShares Bitcoin Trust ETF Stock Up 0.9%

NASDAQ:IBIT opened at $49.83 on Wednesday. The firm’s 50 day moving average is $53.89 and its 200 day moving average is $60.80. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month 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.