13,589 Shares of iShares Bitcoin Trust ETF $IBIT Acquired by WESPAC Advisors LLC

WESPAC Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 13,589 shares of the company’s stock, valued at approximately $643,000.

Several other large investors have also bought and sold shares of the company. Concurrent Investment Advisors LLC grew its position in iShares Bitcoin Trust ETF by 12.1% during the second quarter. Concurrent Investment Advisors LLC now owns 103,456 shares of the company’s stock valued at $3,444,000 after buying an additional 11,140 shares during the period. HighTower Advisors LLC increased its holdings in iShares Bitcoin Trust ETF by 1.9% during the second quarter. HighTower Advisors LLC now owns 1,349,658 shares of the company’s stock valued at $44,930,000 after buying an additional 24,674 shares during the last quarter. OceanIQ Capital LLC bought a new position in iShares Bitcoin Trust ETF in the second quarter worth approximately $816,000. Round Rock Advisors LLC bought a new position in iShares Bitcoin Trust ETF in the second quarter worth approximately $3,124,000. Finally, Broussard Financial Group LLC raised its position in iShares Bitcoin Trust ETF by 72.4% in the first quarter. Broussard Financial Group LLC now owns 70,478 shares of the company’s stock worth $2,708,000 after acquiring an additional 29,588 shares during the period.

iShares Bitcoin Trust ETF Trading Down 1.6%

Shares of iShares Bitcoin Trust ETF stock opened at $45.22 on Tuesday. The company’s fifty day simple moving average is $45.14 and its 200-day simple moving average is $41.75. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $65.97.

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.