Chicago Partners Investment Group LLC Has $673,000 Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Chicago Partners Investment Group LLC grew its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,787 shares of the company’s stock after acquiring an additional 672 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares Bitcoin Trust were worth $673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of IBIT. Farther Finance Advisors LLC raised its stake in iShares Bitcoin Trust by 33.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 28,986 shares of the company’s stock valued at $1,047,000 after acquiring an additional 7,220 shares during the period. Forte Asset Management LLC boosted its stake in iShares Bitcoin Trust by 223.4% in the third quarter. Forte Asset Management LLC now owns 89,705 shares of the company’s stock worth $3,241,000 after buying an additional 61,966 shares in the last quarter. Rosenberg Matthew Hamilton boosted its stake in iShares Bitcoin Trust by 47.9% in the third quarter. Rosenberg Matthew Hamilton now owns 2,350 shares of the company’s stock worth $85,000 after buying an additional 761 shares in the last quarter. US Bancorp DE boosted its stake in shares of iShares Bitcoin Trust by 19.0% during the third quarter. US Bancorp DE now owns 206,763 shares of the company’s stock valued at $7,470,000 after purchasing an additional 32,945 shares during the period. Finally, Financial Advocates Investment Management purchased a new stake in shares of iShares Bitcoin Trust during the third quarter valued at approximately $224,000.

iShares Bitcoin Trust Price Performance

NASDAQ:IBIT opened at $38.25 on Tuesday. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $41.99. The business has a 50 day moving average price of $35.87 and a 200-day moving average price of $36.08.

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.