iShares Bitcoin Trust ETF $IBIT Stock Bought by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 3,571.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 12,041 shares of the company’s stock after buying an additional 11,713 shares during the quarter. Provenance Wealth Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $570,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Walleye Capital LLC raised its position in iShares Bitcoin Trust ETF by 332.4% in the 1st quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock worth $165,880,000 after purchasing an additional 3,319,115 shares during the period. NEOS Investment Management LLC lifted its stake in iShares Bitcoin Trust ETF by 55.4% in the second quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock worth $180,584,000 after purchasing an additional 1,933,888 shares during the last quarter. SigFig Wealth Management LLC bought a new stake in iShares Bitcoin Trust ETF in the third quarter worth $73,942,000. Pilgrim Partners Asia Pte Ltd boosted its position in iShares Bitcoin Trust ETF by 43.1% during the third quarter. Pilgrim Partners Asia Pte Ltd now owns 2,607,600 shares of the company’s stock valued at $123,444,000 after buying an additional 785,300 shares during the period. Finally, Himension Capital Singapore PTE. LTD. purchased a new stake in iShares Bitcoin Trust ETF during the first quarter valued at about $18,480,000.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $43.02 on Friday. The company has a 50-day simple moving average of $45.86 and a two-hundred day simple moving average of $41.38. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $60.36.

About iShares Bitcoin Trust ETF

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.