SkyOak Wealth LLC Raises Stock Position in iShares Bitcoin Trust ETF $IBIT

SkyOak Wealth LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 228.9% during the first quarter, Holdings Channel.com reports. The fund owned 59,076 shares of the company’s stock after buying an additional 41,115 shares during the period. SkyOak Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,270,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Marshall & Sterling Wealth Advisors Inc. grew its position in shares of 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 in the last quarter. Key Capital Management INC purchased a new position in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC lifted its holdings in iShares Bitcoin Trust ETF by 637.5% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after purchasing an additional 459 shares in the last quarter. Sfam LLC bought a new position in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $26,000. Finally, Anchor Investment Management LLC boosted its stake in iShares Bitcoin Trust ETF by 210.3% in the 3rd 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 period.

iShares Bitcoin Trust ETF Stock Up 1.6%

Shares of IBIT opened at $35.81 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The company has a 50 day simple moving average of $39.27 and a two-hundred day simple moving average of $42.11.

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.