U.S. Capital Wealth Advisors LLC Grows Stock Holdings in iShares Bitcoin Trust ETF $IBIT

U.S. Capital Wealth Advisors LLC lifted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 89.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 29,541 shares of the company’s stock after buying an additional 13,909 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,920,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth about $711,000. Bison Wealth LLC acquired a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth approximately $3,140,000. Capital Analysts LLC lifted its holdings in iShares Bitcoin Trust ETF by 7.9% during the 1st quarter. Capital Analysts LLC now owns 2,729 shares of the company’s stock worth $128,000 after buying an additional 200 shares in the last quarter. CW Advisors LLC purchased a new position in iShares Bitcoin Trust ETF in the 1st quarter valued at approximately $614,000. Finally, Kestra Advisory Services LLC grew its stake in shares of iShares Bitcoin Trust ETF by 4.6% in the first quarter. Kestra Advisory Services LLC now owns 169,509 shares of the company’s stock worth $7,935,000 after acquiring an additional 7,383 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 3.9%

iShares Bitcoin Trust ETF stock opened at $49.85 on Monday. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month high of $71.82. The stock’s fifty day simple moving average is $55.77 and its 200-day simple moving average is $61.34.

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.