Quattro Financial Advisors LLC Buys 46,465 Shares of iShares Bitcoin Trust ETF $IBIT

Quattro Financial Advisors LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 20.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 272,865 shares of the company’s stock after buying an additional 46,465 shares during the quarter. iShares Bitcoin Trust ETF accounts for about 4.0% of Quattro Financial Advisors LLC’s portfolio, making the stock its 5th largest position. Quattro Financial Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $13,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in IBIT. 59 North Capital Management LP bought a new stake in shares of iShares Bitcoin Trust ETF in the third quarter worth about $169,100,000. Consolidated Portfolio Review Corp increased its holdings in shares of iShares Bitcoin Trust ETF by 27,185.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock worth $106,359,000 after acquiring an additional 2,134,334 shares in the last quarter. Sculptor Capital LP increased its holdings in shares of iShares Bitcoin Trust ETF by 59.5% in the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after acquiring an additional 1,673,788 shares in the last quarter. Mariner Investment Group LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 142.3% in the third quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock worth $130,981,000 after acquiring an additional 1,183,414 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. increased its holdings in shares of iShares Bitcoin Trust ETF by 167.4% in the third quarter. Verde Servicos Internacionais S.A. now owns 1,813,449 shares of the company’s stock worth $117,874,000 after acquiring an additional 1,135,290 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $43.94 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82. The business has a 50-day moving average of $39.50 and a two-hundred day moving average of $49.41.

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.