Signature Estate & Investment Advisors LLC Grows Stake in iShares Bitcoin Trust ETF $IBIT

by · The Cerbat Gem

Signature Estate & Investment Advisors LLC lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBITFree Report) by 2,324.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,478 shares of the company’s stock after purchasing an additional 154,817 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $8,017,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Caprock Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the third quarter worth approximately $1,536,000. Investment House LLC purchased a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at about $800,000. Brighton Jones LLC purchased a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at about $711,000. Cassaday & Co Wealth Management LLC grew its stake in iShares Bitcoin Trust ETF by 247.5% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock valued at $2,074,000 after acquiring an additional 22,727 shares in the last quarter. Finally, Concentrum Wealth Management grew its stake in iShares Bitcoin Trust ETF by 16.8% during the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock valued at $8,702,000 after acquiring an additional 19,269 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 0.0%

Shares of NASDAQ IBIT opened at $44.00 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82. The company has a 50-day moving average of $42.07 and a 200 day moving average of $46.01.

About iShares Bitcoin Trust ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBITFree Report).