Farther Finance Advisors LLC Acquires 20,465 Shares of iShares Bitcoin Trust ETF $IBIT

Farther Finance Advisors LLC grew its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 14.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 158,860 shares of the company’s stock after acquiring an additional 20,465 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $10,326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Signature Resources Capital Management LLC grew its holdings in iShares Bitcoin Trust ETF by 81.6% during the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares during the period. RMG Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at about $30,000. JFS Wealth Advisors LLC lifted its position in shares of iShares Bitcoin Trust ETF by 1,277.1% during the 2nd quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 447 shares in the last quarter. Semmax Financial Advisors Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the period. Finally, WFA of San Diego LLC purchased a new stake in iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $34,000.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $50.09 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The company’s 50 day moving average is $55.45 and its two-hundred day moving average is $61.28.

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.