Impact Partnership Wealth LLC Acquires 12,048 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Impact Partnership Wealth LLC grew its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 151,838 shares of the company’s stock after purchasing an additional 12,048 shares during the quarter. iShares Bitcoin Trust makes up 1.6% of Impact Partnership Wealth LLC’s portfolio, making the stock its 15th biggest position. Impact Partnership Wealth LLC’s holdings in iShares Bitcoin Trust were worth $8,055,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Vienna Asset Management LLC grew its stake in iShares Bitcoin Trust by 131.6% in the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock valued at $963,000 after purchasing an additional 15,137 shares during the last quarter. Garden State Investment Advisory Services LLC purchased a new position in shares of iShares Bitcoin Trust in the 3rd quarter worth approximately $656,000. B. Riley Wealth Advisors Inc. raised its stake in shares of iShares Bitcoin Trust by 32.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock worth $1,357,000 after acquiring an additional 9,266 shares in the last quarter. Capstone Investment Advisors LLC purchased a new stake in iShares Bitcoin Trust during the third quarter valued at approximately $11,507,000. Finally, Mutual Advisors LLC boosted its stake in iShares Bitcoin Trust by 65.8% in the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock valued at $8,967,000 after acquiring an additional 62,338 shares in the last quarter.

iShares Bitcoin Trust Stock Down 1.0 %

Shares of IBIT stock opened at $58.79 on Friday. iShares Bitcoin Trust has a 12-month low of $22.57 and a 12-month high of $61.75. The business’s fifty day simple moving average is $55.44 and its 200-day simple moving average is $43.00.

iShares Bitcoin Trust 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.