Compound Planning Inc. Grows Stock Position in iShares Bitcoin Trust ETF $IBIT

Compound Planning Inc. increased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 496.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,378 shares of the company’s stock after acquiring an additional 73,554 shares during the period. Compound Planning Inc.’s holdings in iShares Bitcoin Trust ETF were worth $5,745,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Sachetta LLC lifted its position in iShares Bitcoin Trust ETF by 793.0% in the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares during the last quarter. Roble Belko & Company Inc increased its stake in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the period. Highline Wealth Partners LLC raised its holdings in iShares Bitcoin Trust ETF by 150.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after buying an additional 300 shares during the last quarter. Semmax Financial Advisors Inc. boosted its position 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 buying an additional 284 shares during the period. Finally, WFA of San Diego LLC purchased a new stake in iShares Bitcoin Trust ETF during the 2nd quarter valued at $34,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $36.55 on Tuesday. The firm’s 50-day moving average price is $47.06 and its two-hundred day moving average price is $56.00. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month 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.