Kingswood Wealth Advisors LLC Boosts Position in iShares Bitcoin Trust ETF $IBIT

Kingswood Wealth Advisors LLC boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 32.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 138,763 shares of the company’s stock after purchasing an additional 34,183 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $6,890,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IBIT. Laurore Ltd purchased a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth $436,239,000. 59 North Capital Management LP purchased a new stake in iShares Bitcoin Trust ETF during the third quarter worth $169,100,000. Consolidated Portfolio Review Corp boosted its position in iShares Bitcoin Trust ETF by 27,185.5% during the fourth quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock worth $106,359,000 after purchasing an additional 2,134,334 shares in the last quarter. Sculptor Capital LP boosted its position in iShares Bitcoin Trust ETF by 59.5% during the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after purchasing an additional 1,673,788 shares in the last quarter. Finally, Mariner Investment Group LLC boosted its position in iShares Bitcoin Trust ETF by 142.3% during the third quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock worth $130,981,000 after purchasing an additional 1,183,414 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Down 1.7%

IBIT opened at $42.51 on Wednesday. The business’s fifty day moving average is $39.63 and its two-hundred day moving average is $48.80. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year high of $71.82.

iShares Bitcoin Trust ETF 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.