Citizens Financial Group Inc. RI Purchases 19,516 Shares of iShares Bitcoin Trust ETF $IBIT

Citizens Financial Group Inc. RI lifted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 54.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,302 shares of the company’s stock after purchasing an additional 19,516 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares Bitcoin Trust ETF were worth $2,746,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. North Star Investment Management Corp. lifted its stake in iShares Bitcoin Trust ETF by 39.0% in the 4th quarter. North Star Investment Management Corp. now owns 6,000 shares of the company’s stock valued at $298,000 after purchasing an additional 1,685 shares during the last quarter. Activest Wealth Management grew its holdings in iShares Bitcoin Trust ETF by 44.2% during the fourth quarter. Activest Wealth Management now owns 92,781 shares of the company’s stock worth $4,607,000 after purchasing an additional 28,436 shares during the period. Laurel Wealth Advisors LLC acquired a new position in iShares Bitcoin Trust ETF during the fourth quarter worth approximately $90,000. Sofi Wealth LLC increased its position in iShares Bitcoin Trust ETF by 39.1% during the fourth quarter. Sofi Wealth LLC now owns 29,486 shares of the company’s stock worth $1,464,000 after buying an additional 8,293 shares during the last quarter. Finally, Richardson Capital Management LLC raised its stake in iShares Bitcoin Trust ETF by 341.4% in the fourth quarter. Richardson Capital Management LLC now owns 1,002 shares of the company’s stock valued at $50,000 after buying an additional 775 shares during the period.

iShares Bitcoin Trust ETF Stock Up 2.7%

IBIT opened at $44.47 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82. The business has a 50 day moving average of $40.40 and a 200-day moving average of $47.72.

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.