Northstar Advisory Group LLC Buys 13,326 Shares of iShares Bitcoin Trust ETF $IBIT

Northstar Advisory Group LLC increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 29.7% in the 3rd quarter, Holdings Channel reports. The firm owned 58,206 shares of the company’s stock after buying an additional 13,326 shares during the period. iShares Bitcoin Trust ETF accounts for approximately 1.5% of Northstar Advisory Group LLC’s holdings, making the stock its 20th biggest position. Northstar Advisory Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,783,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. StoneX Group Inc. raised its stake in iShares Bitcoin Trust ETF by 41.2% during the second quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock valued at $4,347,000 after purchasing an additional 20,755 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its stake in shares of iShares Bitcoin Trust ETF by 50.6% in the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after buying an additional 21,815 shares in the last quarter. Calamos Wealth Management LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 81.0% in the 3rd quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock worth $3,202,000 after buying an additional 22,045 shares during the last quarter. Finer Wealth Management Inc. raised its position in shares of iShares Bitcoin Trust ETF by 136.2% during the 2nd quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock valued at $2,428,000 after buying an additional 22,872 shares in the last quarter. Finally, Kercheville Advisors LLC raised its position in shares of iShares Bitcoin Trust ETF by 194.4% during the 3rd quarter. Kercheville Advisors LLC now owns 16,853 shares of the company’s stock valued at $1,095,000 after buying an additional 11,128 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 2.1%

Shares of NASDAQ:IBIT opened at $49.65 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The company has a 50-day moving average price of $50.99 and a 200 day moving average price of $59.59.

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.