Signature Estate & Investment Advisors LLC Grows Stake in iShares Bitcoin Trust ETF $IBIT

Signature Estate & Investment Advisors LLC lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 2,324.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,478 shares of the company’s stock after purchasing an additional 154,817 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $8,017,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Caprock Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the third quarter worth approximately $1,536,000. Investment House LLC purchased a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at about $800,000. Brighton Jones LLC purchased a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at about $711,000. Cassaday & Co Wealth Management LLC grew its stake in iShares Bitcoin Trust ETF by 247.5% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock valued at $2,074,000 after acquiring an additional 22,727 shares in the last quarter. Finally, Concentrum Wealth Management grew its stake in iShares Bitcoin Trust ETF by 16.8% during the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock valued at $8,702,000 after acquiring an additional 19,269 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 0.0%

Shares of NASDAQ IBIT opened at $44.00 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82. The company has a 50-day moving average of $42.07 and a 200 day moving average of $46.01.

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.