iShares Bitcoin Trust ETF $IBIT Shares Purchased by Lido Advisors LLC

Lido Advisors LLC raised its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 36.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 347,172 shares of the company’s stock after purchasing an additional 93,309 shares during the quarter. Lido Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $17,237,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chapman Financial Group LLC acquired a new position in iShares Bitcoin Trust ETF during the third quarter worth approximately $25,000. Marshall & Sterling Wealth Advisors Inc. increased its position in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares during the last quarter. Key Capital Management INC acquired a new position in iShares Bitcoin Trust ETF during the fourth quarter worth approximately $26,000. Anchor Investment Management LLC increased its position in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares during the last quarter. Finally, Financial Life Planners acquired a new position in iShares Bitcoin Trust ETF during the third quarter worth approximately $31,000.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $36.02 on Friday. The firm has a fifty day moving average of $42.16 and a 200-day moving average of $44.82. iShares Bitcoin Trust ETF has a 52-week low of $35.30 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.