Consilium Wealth Advisory LLC Takes $4.56 Million Position in iShares Bitcoin Trust ETF $IBIT

Consilium Wealth Advisory LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 70,072 shares of the company’s stock, valued at approximately $4,555,000. iShares Bitcoin Trust ETF makes up 1.8% of Consilium Wealth Advisory LLC’s investment portfolio, making the stock its 17th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in IBIT. Signature Resources Capital Management LLC grew its stake in shares of iShares Bitcoin Trust ETF by 81.6% during the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after acquiring an additional 200 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the second quarter worth about $30,000. JFS Wealth Advisors LLC boosted its holdings in iShares Bitcoin Trust ETF by 1,277.1% in the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares during the last quarter. Highline Wealth Partners LLC boosted its holdings in iShares Bitcoin Trust ETF by 150.0% in the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the last quarter. Finally, Semmax Financial Advisors Inc. grew its stake 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 valued at $33,000 after purchasing an additional 284 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $49.83 on Wednesday. The stock’s 50 day moving average is $53.89 and its two-hundred day moving average is $60.80. iShares Bitcoin Trust ETF has a 52-week low of $42.98 and a 52-week high of $71.82.

iShares Bitcoin Trust ETF 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.