Kestra Private Wealth Services LLC Raises Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Kestra Private Wealth Services LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,360 shares of the company’s stock after purchasing an additional 16,453 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,163,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IBIT. McIlrath & Eck LLC grew 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 buying an additional 163 shares in the last quarter. Vivaldi Capital Management LP raised its holdings in iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after acquiring an additional 163 shares in the last quarter. Thoroughbred Financial Services LLC raised its holdings in iShares Bitcoin Trust ETF by 3.3% in the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after acquiring an additional 172 shares in the last quarter. Consolidated Portfolio Review Corp raised its holdings in iShares Bitcoin Trust ETF by 2.3% in the third quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock valued at $510,000 after acquiring an additional 174 shares in the last quarter. Finally, Gilbert & Cook Inc. lifted its position in shares of iShares Bitcoin Trust ETF by 2.5% during the fourth quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock worth $394,000 after purchasing an additional 196 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Up 1.0%

Shares of NASDAQ IBIT opened at $33.85 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82. The business has a 50 day simple moving average of $40.83 and a 200-day simple moving average of $43.15.

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.