Strong Tower Advisory Services Has $14.60 Million Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Strong Tower Advisory Services increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.8% during the first quarter, Holdings Channel reports. The fund owned 379,872 shares of the company’s stock after acquiring an additional 24,142 shares during the quarter. iShares Bitcoin Trust ETF comprises about 2.7% of Strong Tower Advisory Services’ holdings, making the stock its 8th biggest holding. Strong Tower Advisory Services’ holdings in iShares Bitcoin Trust ETF were worth $14,595,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Chapman Financial Group LLC acquired a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at $25,000. Marshall & Sterling Wealth Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Key Capital Management INC acquired a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at $26,000. Vermillion & White Wealth Management Group LLC raised its position in shares of iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares during the period. Finally, Sfam LLC bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at about $26,000.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $35.62 on Monday. The firm has a 50-day moving average of $41.54 and a 200-day moving average of $43.69. iShares Bitcoin Trust ETF has a 52-week low of $33.48 and a 52-week 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.