Stratos Wealth Partners LTD. Buys 37,425 Shares of iShares Bitcoin Trust ETF $IBIT

Stratos Wealth Partners LTD. boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 86.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,580 shares of the company’s stock after buying an additional 37,425 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares Bitcoin Trust ETF were worth $5,238,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $711,000. Bison Wealth LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth about $3,140,000. Royal Bank of Canada lifted its holdings in iShares Bitcoin Trust ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp boosted its position in iShares Bitcoin Trust ETF by 427.2% in the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after buying an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in iShares Bitcoin Trust ETF during the second quarter worth about $357,000.

iShares Bitcoin Trust ETF Stock Down 3.2%

NASDAQ IBIT opened at $37.05 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-year high of $71.82. The company has a 50 day moving average of $48.91 and a 200-day moving average of $57.49.

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.