Signal Advisors Wealth LLC Purchases 85,135 Shares of iShares Bitcoin Trust ETF $IBIT

Signal Advisors Wealth LLC boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 61.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 223,840 shares of the company’s stock after acquiring an additional 85,135 shares during the quarter. Signal Advisors Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $10,597,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC raised its stake in iShares Bitcoin Trust ETF by 12.1% during the second quarter. Concurrent Investment Advisors LLC now owns 103,456 shares of the company’s stock worth $3,444,000 after acquiring an additional 11,140 shares in the last quarter. OceanIQ Capital LLC bought a new position in shares of iShares Bitcoin Trust ETF in the second quarter worth about $816,000. Round Rock Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at approximately $3,124,000. J. Derek Lewis & Associates Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $747,000. Finally, Broussard Financial Group LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 72.4% in the 1st quarter. Broussard Financial Group LLC now owns 70,478 shares of the company’s stock valued at $2,708,000 after purchasing an additional 29,588 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Up 0.6%

IBIT stock opened at $47.13 on Wednesday. The company has a 50 day simple moving average of $43.69 and a 200 day simple moving average of $40.78. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $65.97.

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.