Signal Advisors Wealth LLC Buys 14,874 Shares of iShares Bitcoin Trust ETF $IBIT

Signal Advisors Wealth LLC boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 10.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 153,817 shares of the company’s stock after buying an additional 14,874 shares during the quarter. Signal Advisors Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $7,637,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. StoneX Group Inc. grew its holdings in iShares Bitcoin Trust ETF by 41.2% during the 2nd quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock valued at $4,347,000 after purchasing an additional 20,755 shares during the last quarter. Caprock Group LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at approximately $1,536,000. Finer Wealth Management Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 136.2% during the second quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock valued at $2,428,000 after buying an additional 22,872 shares during the last quarter. Kingstone Capital Partners Texas LLC grew its stake in shares of iShares Bitcoin Trust ETF by 50.6% during the third quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock valued at $4,220,000 after buying an additional 21,815 shares during the last quarter. Finally, Calamos Wealth Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 81.0% in the third quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock worth $3,202,000 after buying an additional 22,045 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT stock opened at $40.17 on Thursday. The stock has a 50 day moving average price of $42.20 and a 200 day moving average price of $52.21. 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.