Mission Wealth Management LP Takes Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Mission Wealth Management LP acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,805 shares of the company’s stock, valued at approximately $308,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Investment Partners LTD. purchased a new position in iShares Bitcoin Trust in the 4th quarter worth $742,000. Quintet Private Bank Europe S.A. purchased a new position in iShares Bitcoin Trust in the 4th quarter worth $53,000. Bellecapital International Ltd. raised its position in iShares Bitcoin Trust by 30.6% in the 4th quarter. Bellecapital International Ltd. now owns 66,431 shares of the company’s stock worth $3,524,000 after purchasing an additional 15,556 shares during the period. Smartleaf Asset Management LLC raised its position in iShares Bitcoin Trust by 864.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 9,399 shares of the company’s stock worth $503,000 after purchasing an additional 8,424 shares during the period. Finally, Maia Wealth LLC purchased a new position in iShares Bitcoin Trust in the 4th quarter worth $342,000.

iShares Bitcoin Trust Price Performance

Shares of iShares Bitcoin Trust stock opened at $51.44 on Thursday. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The company’s fifty day simple moving average is $54.94 and its two-hundred day simple moving average is $47.06.

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.