iShares Bitcoin Trust ETF $IBIT Shares Acquired by Savvy Advisors Inc.

Savvy Advisors Inc. lifted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 838.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 151,658 shares of the company’s stock after purchasing an additional 135,494 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares Bitcoin Trust ETF were worth $9,858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Evermay Wealth Management LLC boosted its stake in iShares Bitcoin Trust ETF by 15.8% during the second quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock worth $67,000 after buying an additional 150 shares during the period. McIlrath & Eck LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after acquiring an additional 163 shares during the last quarter. Vivaldi Capital Management LP boosted its position in shares of iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares during the period. Howard Capital Management Group LLC boosted its position in shares of iShares Bitcoin Trust ETF by 0.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after purchasing an additional 165 shares during the period. Finally, Encompass Wealth Advisors LLC increased its holdings in iShares Bitcoin Trust ETF by 2.2% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock valued at $498,000 after purchasing an additional 165 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $38.29 on Thursday. The business’s 50 day moving average is $49.22 and its two-hundred day moving average is $57.63. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82.

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.