Impact Partnership Wealth LLC Buys 5,466 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Impact Partnership Wealth LLC raised its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 4.1% during the third quarter, HoldingsChannel reports. The firm owned 139,790 shares of the company’s stock after buying an additional 5,466 shares during the quarter. iShares Bitcoin Trust comprises 1.1% of Impact Partnership Wealth LLC’s holdings, making the stock its 18th largest position. Impact Partnership Wealth LLC’s holdings in iShares Bitcoin Trust were worth $5,051,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. FinTrust Capital Advisors LLC bought a new position in shares of iShares Bitcoin Trust in the first quarter worth about $26,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at $26,000. Asset Dedication LLC increased its holdings in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after acquiring an additional 279 shares during the period. Sound Income Strategies LLC bought a new position in shares of iShares Bitcoin Trust in the 1st quarter worth $30,000. Finally, Creekmur Asset Management LLC purchased a new stake in shares of iShares Bitcoin Trust during the 1st quarter worth $30,000.

iShares Bitcoin Trust Price Performance

IBIT traded up $0.85 on Thursday, hitting $38.66. The company had a trading volume of 3,102,860 shares, compared to its average volume of 30,126,785. The stock has a fifty day moving average price of $35.06 and a 200-day moving average price of $36.00. iShares Bitcoin Trust has a 12-month low of $22.02 and a 12-month high of $41.99.

iShares Bitcoin Trust 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.