Kestra Advisory Services LLC Purchases 37,092 Shares of iShares Bitcoin Trust ETF $IBIT

Kestra Advisory Services LLC boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 13.7% during the 1st quarter, Holdings Channel reports. The fund owned 307,657 shares of the company’s stock after buying an additional 37,092 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Bitcoin Trust ETF were worth $11,820,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. McIlrath & Eck LLC raised its position in shares of iShares Bitcoin Trust ETF by 30.3% during the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after purchasing an additional 163 shares during the period. Vivaldi Capital Management LP grew its position in iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares during the period. Gilbert & Cook Inc. grew its position in iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after purchasing an additional 196 shares during the period. McLean Asset Management Corp grew its position in iShares Bitcoin Trust ETF by 4.2% in the 4th quarter. McLean Asset Management Corp now owns 5,012 shares of the company’s stock valued at $249,000 after purchasing an additional 200 shares during the period. Finally, GoalVest Advisory LLC increased its stake in iShares Bitcoin Trust ETF by 21.8% during the 4th quarter. GoalVest Advisory LLC now owns 1,146 shares of the company’s stock valued at $57,000 after purchasing an additional 205 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $36.23 on Monday. The company’s fifty day moving average price is $39.14 and its two-hundred day moving average price is $42.01. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $71.82.

iShares Bitcoin Trust ETF Company 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.