Entrewealth LLC Acquires New Holdings in iShares Bitcoin Trust ETF $IBIT

Entrewealth LLC bought a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,500 shares of the company’s stock, valued at approximately $878,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sachetta LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after buying an additional 341 shares during the last quarter. Chapman Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the third quarter worth approximately $25,000. Roble Belko & Company Inc grew its holdings in iShares Bitcoin Trust ETF by 77.2% in the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 200 shares in the last quarter. Highline Wealth Partners LLC increased its position in iShares Bitcoin Trust ETF by 150.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after acquiring an additional 300 shares during the period. Finally, Semmax Financial Advisors Inc. increased its position in iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the period.

iShares Bitcoin Trust ETF Stock Down 4.4%

Shares of iShares Bitcoin Trust ETF stock opened at $38.63 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-year high of $71.82. The business’s fifty day moving average price is $45.16 and its two-hundred day moving average price is $54.38.

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.