iShares Bitcoin Trust ETF $IBIT Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 107.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 146,269 shares of the company’s stock after buying an additional 75,791 shares during the period. Waverly Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,620,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in IBIT. Semmax Financial Advisors Inc. boosted its stake in shares of iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. increased its position in iShares Bitcoin Trust ETF by 12,500.0% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. Sfam LLC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at about $26,000. Key Capital Management INC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at about $26,000. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in iShares Bitcoin Trust ETF by 637.5% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 1.7%

iShares Bitcoin Trust ETF stock opened at $36.14 on Wednesday. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82. The firm’s 50-day moving average is $37.09 and its two-hundred day moving average is $40.84.

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.