iShares Bitcoin Trust ETF $IBIT Shares Purchased by Kathmere Capital Management LLC

Kathmere Capital Management LLC raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 856.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,136 shares of the company’s stock after purchasing an additional 37,732 shares during the quarter. Kathmere Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,092,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Cadent Capital Advisors LLC lifted its stake in iShares Bitcoin Trust ETF by 13.7% during the fourth quarter. Cadent Capital Advisors LLC now owns 4,276 shares of the company’s stock worth $212,000 after purchasing an additional 515 shares in the last quarter. Mayflower Financial Advisors LLC grew its stake in shares of iShares Bitcoin Trust ETF by 42.5% in the fourth quarter. Mayflower Financial Advisors LLC now owns 10,619 shares of the company’s stock valued at $527,000 after buying an additional 3,166 shares in the last quarter. Argentarii LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $708,000. Signal Advisors Wealth LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 10.7% in the 4th quarter. Signal Advisors Wealth LLC now owns 153,817 shares of the company’s stock valued at $7,637,000 after buying an additional 14,874 shares during the period. Finally, Scratch Capital LLC acquired a new position in iShares Bitcoin Trust ETF during the 4th quarter worth about $561,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $38.82 on Friday. The business has a 50-day moving average of $41.90 and a 200 day moving average of $52.12. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month 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.