VCI Wealth Management LLC Buys 21,787 Shares of iShares Bitcoin Trust ETF $IBIT

VCI Wealth Management LLC boosted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 16.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 152,033 shares of the company’s stock after buying an additional 21,787 shares during the quarter. iShares Bitcoin Trust ETF makes up approximately 2.1% of VCI Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. VCI Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $7,548,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sachetta LLC raised 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 acquiring an additional 341 shares during the period. Chapman Financial Group LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth about $25,000. Key Capital Management INC purchased a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth about $26,000. Anchor Investment Management LLC grew its holdings in iShares Bitcoin Trust ETF by 210.3% during the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the last quarter. Finally, Roble Belko & Company Inc grew its holdings 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 valued at $30,000 after purchasing an additional 200 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock traded up $1.21 during midday trading on Friday, reaching $43.94. The stock had a trading volume of 80,137,099 shares, compared to its average volume of 64,127,121. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82. The company has a fifty day moving average of $39.50 and a 200 day moving average of $49.30.

iShares Bitcoin Trust ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).