BigSur Wealth Management LLC Buys 34,995 Shares of iShares Bitcoin Trust ETF $IBIT

BigSur Wealth Management LLC boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 13.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 296,478 shares of the company’s stock after buying an additional 34,995 shares during the quarter. iShares Bitcoin Trust ETF makes up about 3.6% of BigSur Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. BigSur Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $14,720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. McIlrath & Eck LLC boosted its stake in iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after buying an additional 163 shares in the last quarter. Vivaldi Capital Management LP boosted its stake in iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after buying an additional 163 shares in the last quarter. Howard Capital Management Group LLC boosted its stake in iShares Bitcoin Trust ETF by 0.6% in the 3rd quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock valued at $1,670,000 after buying an additional 165 shares in the last quarter. Encompass Wealth Advisors LLC boosted its stake in iShares Bitcoin Trust ETF by 2.2% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock valued at $498,000 after buying an additional 165 shares in the last quarter. Finally, Thoroughbred Financial Services LLC boosted its stake in iShares Bitcoin Trust ETF by 3.3% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after buying an additional 172 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 2.8%

Shares of IBIT stock opened at $43.94 on Friday. The stock’s fifty day simple moving average is $39.50 and its 200 day simple moving average is $49.30. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year 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.