Milestone Asset Management LLC Raises Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Milestone Asset Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 113.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,464 shares of the company’s stock after purchasing an additional 13,561 shares during the quarter. Milestone Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,264,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Caprock Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at about $1,536,000. Kingstone Capital Partners Texas LLC boosted its stake in iShares Bitcoin Trust ETF by 50.6% in the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after purchasing an additional 21,815 shares in the last quarter. Calamos Wealth Management LLC increased its position in shares of iShares Bitcoin Trust ETF by 81.0% in the 3rd quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock valued at $3,202,000 after acquiring an additional 22,045 shares during the period. Kercheville Advisors LLC raised its stake in shares of iShares Bitcoin Trust ETF by 194.4% in the third quarter. Kercheville Advisors LLC now owns 16,853 shares of the company’s stock worth $1,095,000 after purchasing an additional 11,128 shares during the last quarter. Finally, Investment House LLC acquired a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $800,000.

iShares Bitcoin Trust ETF Stock Up 5.3%

NASDAQ:IBIT opened at $44.75 on Thursday. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year high of $71.82. The firm’s fifty day moving average is $39.76 and its two-hundred day moving average is $48.77.

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.