EverSource Wealth Advisors LLC Has $3.18 Million Holdings in iShares Bitcoin Trust ETF $IBIT

EverSource Wealth Advisors LLC increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 32.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 82,732 shares of the company’s stock after purchasing an additional 20,207 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,179,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. McIlrath & Eck LLC lifted its position in iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after buying an additional 163 shares in the last quarter. Vivaldi Capital Management LP boosted its position in iShares Bitcoin Trust ETF by 3.3% during the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares during the last quarter. McLean Asset Management Corp boosted its position in iShares Bitcoin Trust ETF by 4.2% during the fourth quarter. McLean Asset Management Corp now owns 5,012 shares of the company’s stock valued at $249,000 after purchasing an additional 200 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in iShares Bitcoin Trust ETF by 2.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 8,059 shares of the company’s stock valued at $400,000 after purchasing an additional 220 shares in the last quarter. Finally, Diligent Investors LLC grew its stake in iShares Bitcoin Trust ETF by 5.7% in the fourth quarter. Diligent Investors LLC now owns 4,153 shares of the company’s stock valued at $206,000 after purchasing an additional 223 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.4%

NASDAQ:IBIT opened at $36.00 on Thursday. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82. The stock’s 50 day moving average price is $36.93 and its two-hundred day moving average price is $40.73.

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.