iShares Bitcoin Trust (NASDAQ:IBIT) Holdings Raised by Cetera Investment Advisers

Cetera Investment Advisers lifted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 653.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 191,625 shares of the company’s stock after purchasing an additional 166,180 shares during the quarter. Cetera Investment Advisers’ holdings in iShares Bitcoin Trust were worth $10,166,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Andina Capital Management LLC raised its stake in shares of iShares Bitcoin Trust by 131.0% during the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock valued at $910,000 after purchasing an additional 9,728 shares in the last quarter. Mutual Advisors LLC grew its holdings in iShares Bitcoin Trust by 65.8% during the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock worth $8,967,000 after acquiring an additional 62,338 shares during the period. Stordahl Capital Management Inc. acquired a new position in iShares Bitcoin Trust during the fourth quarter worth about $253,000. NINE MASTS CAPITAL Ltd grew its holdings in iShares Bitcoin Trust by 29.6% during the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock worth $80,541,000 after acquiring an additional 346,918 shares during the period. Finally, Lake Street Advisors Group LLC grew its holdings in iShares Bitcoin Trust by 71.3% during the fourth quarter. Lake Street Advisors Group LLC now owns 40,791 shares of the company’s stock worth $2,164,000 after acquiring an additional 16,982 shares during the period.

iShares Bitcoin Trust Stock Up 1.8%

NASDAQ:IBIT opened at $58.66 on Monday. The business’s 50-day moving average price is $49.60 and its 200 day moving average price is $51.98. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

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.