Crewe Advisors LLC Boosts Stock Holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Crewe Advisors LLC grew its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 1,357.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,316 shares of the company’s stock after purchasing an additional 6,814 shares during the quarter. Crewe Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $342,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IBIT. Brighton Jones LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at approximately $711,000. Truist Financial Corp increased its holdings in iShares Bitcoin Trust ETF by 60.7% in the 4th quarter. Truist Financial Corp now owns 21,865 shares of the company’s stock worth $1,160,000 after acquiring an additional 8,255 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth $724,000. Ieq Capital LLC purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth $252,000. Finally, Callan Capital LLC purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth $204,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $58.67 on Monday. The firm has a fifty day moving average of $57.21 and a 200 day moving average of $54.38. iShares Bitcoin Trust ETF has a one year low of $28.23 and a one year high of $63.70.

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.