iShares Bitcoin Trust ETF $IBIT Stock Position Increased by Cibc World Market Inc.

Cibc World Market Inc. raised its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 14.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 381,620 shares of the company’s stock after purchasing an additional 46,794 shares during the period. Cibc World Market Inc.’s holdings in iShares Bitcoin Trust ETF were worth $24,805,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IBIT. Sachetta LLC grew its holdings in iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after buying an additional 341 shares in the last quarter. Roble Belko & Company Inc boosted its position in iShares Bitcoin Trust ETF by 77.2% during the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares during the period. Highline Wealth Partners LLC grew its stake in shares of iShares Bitcoin Trust ETF by 150.0% in the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares in the last quarter. Semmax Financial Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the period. Finally, WFA of San Diego LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the second quarter valued at about $34,000.

iShares Bitcoin Trust ETF Stock Down 1.7%

IBIT stock opened at $38.29 on Thursday. The company has a 50-day simple moving average of $49.22 and a 200 day simple moving average of $57.63. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two 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.