iShares Bitcoin Trust ETF $IBIT Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 27.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,191 shares of the company’s stock after buying an additional 15,016 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,435,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IBIT. Chapman Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at $25,000. Sachetta LLC raised its holdings in iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after buying an additional 341 shares during the period. Anchor Investment Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after acquiring an additional 305 shares in the last quarter. Roble Belko & Company Inc lifted its holdings in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares in the last quarter. Finally, Financial Life Planners purchased a new stake in iShares Bitcoin Trust ETF in the 3rd quarter worth about $31,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $45.41 on Friday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The firm has a 50 day simple moving average of $40.93 and a 200 day simple moving average of $47.28.

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.