Cornerstone Advisory LLC Buys 13,274 Shares of iShares Bitcoin Trust ETF $IBIT

Cornerstone Advisory LLC grew its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 36.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,835 shares of the company’s stock after purchasing an additional 13,274 shares during the period. Cornerstone Advisory LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,474,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Chapman Financial Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at approximately $25,000. Sachetta LLC grew its stake in shares of iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares during the period. Anchor Investment Management LLC grew its stake in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the period. Roble Belko & Company Inc grew its stake in shares of iShares Bitcoin Trust ETF by 77.2% in the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares during the period. Finally, Financial Life Planners bought a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at approximately $31,000.

iShares Bitcoin Trust ETF Trading Down 1.6%

IBIT stock opened at $44.05 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-year high of $71.82. The business’s 50 day moving average is $39.90 and its 200-day moving average is $48.74.

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.