iShares Bitcoin Trust ETF $IBIT Shares Purchased by Coastal Bridge Advisors LLC

Coastal Bridge Advisors LLC grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 53.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,130 shares of the company’s stock after purchasing an additional 12,171 shares during the quarter. Coastal Bridge Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,283,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Sachetta LLC boosted its holdings in iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares during the period. RMG Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the second quarter worth $30,000. Roble Belko & Company Inc boosted its stake in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares during the period. JFS Wealth Advisors LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 1,277.1% in the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares during the period. Finally, Semmax Financial Advisors Inc. grew its holdings in iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.2%

iShares Bitcoin Trust ETF stock opened at $50.51 on Thursday. iShares Bitcoin Trust ETF has a 12-month low of $42.98 and a 12-month high of $71.82. The firm’s fifty day moving average price is $50.94 and its 200 day moving average price is $59.41.

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.