iShares Bitcoin Trust ETF $IBIT Stock Purchased by Lido Advisors LLC

Lido Advisors LLC grew its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 29.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 391,995 shares of the company’s stock after purchasing an additional 89,940 shares during the period. Lido Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $18,557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IBIT. Apella Capital LLC boosted its position in iShares Bitcoin Trust ETF by 1.4% in the third quarter. Apella Capital LLC now owns 16,876 shares of the company’s stock valued at $797,000 after buying an additional 241 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 3.6% during the second quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock worth $238,000 after buying an additional 243 shares during the last quarter. Retirement Planning Group LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 2.0% during the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after buying an additional 245 shares in the last quarter. WP Advisors LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 4.2% during the third quarter. WP Advisors LLC now owns 6,778 shares of the company’s stock worth $321,000 after buying an additional 275 shares in the last quarter. Finally, Cushing Capital Partners LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 3.2% during the third quarter. Cushing Capital Partners LLC now owns 9,722 shares of the company’s stock worth $460,000 after buying an additional 297 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Up 1.3%

Shares of IBIT opened at $42.24 on Thursday. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week high of $59.56. The stock has a fifty day moving average of $45.69 and a 200-day moving average of $41.21.

iShares Bitcoin Trust ETF Company 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.