Blue Investment Partners LLC grew its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 16.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,910 shares of the company’s stock after buying an additional 6,364 shares during the quarter. iShares Bitcoin Trust makes up 0.7% of Blue Investment Partners LLC’s portfolio, making the stock its 26th largest position. Blue Investment Partners LLC’s holdings in iShares Bitcoin Trust were worth $1,623,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of IBIT. Glass Jacobson Investment Advisors llc acquired a new position in iShares Bitcoin Trust during the second quarter valued at approximately $26,000. Asset Dedication LLC raised its position in iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares in the last quarter. Creekmur Asset Management LLC acquired a new stake in iShares Bitcoin Trust in the first quarter valued at $30,000. International Assets Investment Management LLC bought a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth about $36,000.
iShares Bitcoin Trust Trading Down 4.4 %
Shares of NASDAQ:IBIT opened at $54.02 on Tuesday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $56.86. The company has a 50-day simple moving average of $40.92 and a 200 day simple moving average of $37.58.
About iShares Bitcoin Trust
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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