HBK Sorce Advisory LLC Raises Stock Holdings in iShares Bitcoin Trust ETF $IBIT

HBK Sorce Advisory LLC raised its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 7.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,188 shares of the company’s stock after buying an additional 1,108 shares during the quarter. HBK Sorce Advisory LLC’s holdings in iShares Bitcoin Trust ETF were worth $991,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nemes Rush Group LLC boosted its holdings in iShares Bitcoin Trust ETF by 13.1% in the first quarter. Nemes Rush Group LLC now owns 2,582 shares of the company’s stock worth $121,000 after purchasing an additional 300 shares during the last quarter. Galvin Gaustad & Stein LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 158.1% during the 1st quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock valued at $565,000 after buying an additional 7,400 shares during the period. Brio Consultants LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 1st quarter valued at $5,308,000. Mather Group LLC. boosted its position in iShares Bitcoin Trust ETF by 164.2% in the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after purchasing an additional 376 shares during the last quarter. Finally, Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at about $711,000.

iShares Bitcoin Trust ETF Trading Down 3.7%

NASDAQ IBIT opened at $60.40 on Friday. The business’s fifty day moving average is $64.49 and its 200 day moving average is $62.10. iShares Bitcoin Trust ETF has a fifty-two week low of $38.17 and a fifty-two week high of $71.82.

About iShares Bitcoin Trust ETF

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.