SFI Advisors LLC Acquires Shares of 11,807 iShares Bitcoin Trust ETF $IBIT

SFI Advisors LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,807 shares of the company’s stock, valued at approximately $767,000.

A number of other institutional investors have also made changes to their positions in the business. Brighton Jones LLC bought a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at $711,000. Bison Wealth LLC bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at about $3,140,000. Royal Bank of Canada lifted its stake in shares of iShares Bitcoin Trust ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after buying an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares Bitcoin Trust ETF by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after buying an additional 1,760 shares during the period. Finally, Pallas Capital Advisors LLC grew its stake in iShares Bitcoin Trust ETF by 11.1% in the 2nd quarter. Pallas Capital Advisors LLC now owns 8,609 shares of the company’s stock valued at $527,000 after buying an additional 862 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $54.24 on Monday. The company’s 50-day moving average price is $51.59 and its two-hundred day moving average price is $60.07. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month 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.