LPL Financial LLC Boosts Stake in iShares Bitcoin Trust ETF $IBIT

LPL Financial LLC raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 20.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,979,325 shares of the company’s stock after purchasing an additional 500,120 shares during the quarter. LPL Financial LLC owned 0.22% of iShares Bitcoin Trust ETF worth $147,923,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. McIlrath & Eck LLC raised its position in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares during the period. Vivaldi Capital Management LP raised its position in iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares during the period. Thoroughbred Financial Services LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 3.3% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after buying an additional 172 shares during the period. Consolidated Portfolio Review Corp raised its holdings in shares of iShares Bitcoin Trust ETF by 2.3% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock valued at $510,000 after buying an additional 174 shares during the period. Finally, Gilbert & Cook Inc. raised its holdings in shares of iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after buying an additional 196 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.2%

IBIT stock opened at $35.08 on Thursday. iShares Bitcoin Trust ETF has a 12-month low of $33.48 and a 12-month high of $71.82. The business’s fifty day moving average price is $41.89 and its 200 day moving average price is $44.37.

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.