Prevail Innovative Wealth Advisors LLC boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 138.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 21,899 shares of the company’s stock after buying an additional 12,713 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,087,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the company. Chapman Financial Group LLC acquired a new stake in iShares Bitcoin Trust ETF in the 3rd quarter valued at about $25,000. Key Capital Management INC acquired a new stake in iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $26,000. Anchor Investment Management LLC boosted its holdings 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 in the last quarter. Financial Life Planners acquired a new position in iShares Bitcoin Trust ETF in the third quarter worth approximately $31,000. Finally, Semmax Financial Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares in the last quarter.
iShares Bitcoin Trust ETF Trading Up 0.0%
Shares of NASDAQ:IBIT opened at $44.00 on Friday. The stock has a fifty day moving average of $42.07 and a 200-day moving average of $46.01. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year high of $71.82.
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.
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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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