Sofi Wealth LLC raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 69.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 50,060 shares of the company’s stock after acquiring an additional 20,574 shares during the quarter. Sofi Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,923,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Marshall & Sterling Wealth Advisors Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Key Capital Management INC acquired a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $26,000. Vermillion & White Wealth Management Group LLC increased its holdings in iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares during the last quarter. Sfam LLC bought a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at about $26,000. Finally, Semmax Financial Advisors Inc. lifted its stake in iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the period.
iShares Bitcoin Trust ETF Stock Performance
Shares of IBIT opened at $36.39 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The stock’s 50-day moving average price is $38.42 and its two-hundred day moving average price is $41.64.
iShares Bitcoin Trust ETF 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.
Further Reading
- Five stocks we like better than iShares Bitcoin Trust ETF
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
Receive News & Ratings for iShares Bitcoin Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
