PFG Investments LLC Has $346,000 Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

PFG Investments LLC boosted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 40.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,575 shares of the company’s stock after purchasing an additional 2,750 shares during the period. PFG Investments LLC’s holdings in iShares Bitcoin Trust were worth $346,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of IBIT. Wealth Enhancement Advisory Services LLC acquired a new position in iShares Bitcoin Trust during the first quarter valued at approximately $3,416,000. Naviter Wealth LLC acquired a new stake in shares of iShares Bitcoin Trust in the first quarter valued at approximately $257,000. Financial Sense Advisors Inc. bought a new position in shares of iShares Bitcoin Trust during the 1st quarter worth approximately $1,278,000. Accel Wealth Management bought a new position in shares of iShares Bitcoin Trust during the 1st quarter worth approximately $467,000. Finally, North Star Investment Management Corp. bought a new position in shares of iShares Bitcoin Trust during the 1st quarter worth approximately $77,000.

iShares Bitcoin Trust Trading Up 4.2 %

Shares of NASDAQ IBIT opened at $41.33 on Wednesday. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $41.99. The stock has a 50 day moving average of $35.54 and a 200-day moving average of $35.97.

iShares Bitcoin Trust Company 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.