AE Wealth Management LLC Grows Holdings in iShares Bitcoin Trust ETF $IBIT

AE Wealth Management LLC lifted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 12.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,531 shares of the company’s stock after buying an additional 12,793 shares during the quarter. AE Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,935,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Schonfeld Strategic Advisors LLC grew its position in shares of iShares Bitcoin Trust ETF by 19.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after buying an additional 1,093,183 shares during the period. Sculptor Capital LP grew its position in iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after purchasing an additional 1,673,788 shares during the last quarter. 59 North Capital Management LP purchased a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at about $169,100,000. Crcm LP grew its position in iShares Bitcoin Trust ETF by 37.7% during the 3rd quarter. Crcm LP now owns 2,214,074 shares of the company’s stock valued at $143,915,000 after purchasing an additional 605,992 shares during the last quarter. Finally, Consolidated Portfolio Review Corp grew its position in iShares Bitcoin Trust ETF by 27,185.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after purchasing an additional 2,134,334 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT stock opened at $43.94 on Monday. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year high of $71.82. The company’s 50-day moving average is $39.50 and its 200 day moving average is $49.17.

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.