Signal Advisors Wealth LLC Purchases 20,182 Shares of iShares Bitcoin Trust ETF $IBIT

Signal Advisors Wealth LLC boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 138,943 shares of the company’s stock after acquiring an additional 20,182 shares during the quarter. iShares Bitcoin Trust ETF makes up approximately 0.8% of Signal Advisors Wealth LLC’s portfolio, making the stock its 29th largest holding. Signal Advisors Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $9,031,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Evermay Wealth Management LLC increased its stake in shares of iShares Bitcoin Trust ETF by 15.8% during the 2nd quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock worth $67,000 after purchasing an additional 150 shares during the last quarter. McIlrath & Eck LLC boosted its holdings in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after purchasing an additional 163 shares in the last quarter. Vivaldi Capital Management LP increased its position in iShares Bitcoin Trust ETF by 3.3% during the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after buying an additional 163 shares during the last quarter. Global Wealth Strategies & Associates raised its holdings in iShares Bitcoin Trust ETF by 8.3% during the third quarter. Global Wealth Strategies & Associates now owns 2,266 shares of the company’s stock valued at $147,000 after buying an additional 173 shares in the last quarter. Finally, Silverlake Wealth Management LLC raised its holdings in iShares Bitcoin Trust ETF by 3.8% during the second quarter. Silverlake Wealth Management LLC now owns 4,791 shares of the company’s stock valued at $293,000 after buying an additional 174 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Up 3.9%

IBIT opened at $49.85 on Friday. The stock has a 50-day moving average of $55.77 and a 200-day moving average of $61.32. iShares Bitcoin Trust ETF has a 52-week low of $42.98 and a 52-week high of $71.82.

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.