Cyndeo Wealth Partners LLC Takes Position in iShares Bitcoin Trust ETF $IBIT

Cyndeo Wealth Partners LLC bought a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 12,683 shares of the company’s stock, valued at approximately $630,000.

A number of other large investors have also bought and sold shares of the business. Chapman Financial Group LLC acquired a new position in iShares Bitcoin Trust ETF in the third quarter worth $25,000. Sachetta LLC increased its stake in shares of iShares Bitcoin Trust ETF by 793.0% in the third 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. Anchor Investment Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after buying an additional 305 shares during the last quarter. Roble Belko & Company Inc raised its holdings in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after buying an additional 200 shares during the last quarter. Finally, Financial Life Planners acquired a new position in iShares Bitcoin Trust ETF during the 3rd quarter worth about $31,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $40.05 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The company’s 50-day moving average price is $42.79 and its two-hundred day moving average price is $52.46.

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.