Stratos Wealth Advisors LLC Raises Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Stratos Wealth Advisors LLC boosted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 58.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,582 shares of the company’s stock after acquiring an additional 3,923 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares Bitcoin Trust were worth $561,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of IBIT. Union Savings Bank purchased a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at $25,000. City Holding Co. raised its stake in iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares during the last quarter. Stephens Consulting LLC raised its stake in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares during the last quarter. Asset Dedication LLC grew its stake in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares during the last quarter. Finally, PSI Advisors LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at about $30,000.

iShares Bitcoin Trust Stock Down 1.2 %

Shares of iShares Bitcoin Trust stock opened at $54.47 on Friday. iShares Bitcoin Trust has a 52 week low of $25.64 and a 52 week high of $61.75. The company has a 50 day moving average price of $56.36 and a 200 day moving average price of $44.70.

About iShares Bitcoin Trust

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.