Dynamic Advisor Solutions LLC grew its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 147.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,623 shares of the company’s stock after purchasing an additional 60,503 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,046,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Sachetta LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 793.0% in the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares during the last quarter. Chapman Financial Group LLC purchased a new position in iShares Bitcoin Trust ETF during the third quarter worth approximately $25,000. Anchor Investment Management LLC boosted its stake in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after buying an additional 305 shares during the last quarter. Roble Belko & Company Inc boosted its stake in iShares Bitcoin Trust ETF by 77.2% during the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the last quarter. Finally, Financial Life Planners purchased a new stake in iShares Bitcoin Trust ETF in the 3rd quarter valued at $31,000.
iShares Bitcoin Trust ETF Stock Up 0.7%
Shares of IBIT opened at $40.05 on Tuesday. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82. The stock has a fifty day simple moving average of $42.79 and a two-hundred day simple moving average of $52.46.
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.
Further Reading
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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