Baker Tilly Wealth Management LLC Acquires Shares of 15,193 iShares Bitcoin Trust ETF $IBIT

Baker Tilly Wealth Management LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 15,193 shares of the company’s stock, valued at approximately $754,000.

Other hedge funds have also modified their holdings of the company. Sachetta LLC boosted its stake in iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after buying an additional 341 shares in the last quarter. Chapman Financial Group LLC bought a new stake in iShares Bitcoin Trust ETF in the third quarter valued at $25,000. Anchor Investment Management LLC raised its stake in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after acquiring an additional 305 shares in the last quarter. Roble Belko & Company Inc raised its stake in iShares Bitcoin Trust ETF by 77.2% during the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares in the last quarter. Finally, Financial Life Planners bought a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at $31,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $39.78 on Monday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The company’s fifty day moving average is $43.03 and its 200-day moving average is $52.62.

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.