SG Americas Securities LLC Has $12.09 Million Stock Holdings in iShares Bitcoin Trust ETF $IBIT

SG Americas Securities LLC lifted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 3,041.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 314,596 shares of the company’s stock after buying an additional 304,582 shares during the period. SG Americas Securities LLC’s holdings in iShares Bitcoin Trust ETF were worth $12,087,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Chapman Financial Group LLC acquired a new stake in iShares Bitcoin Trust ETF in the third quarter valued at about $25,000. Marshall & Sterling Wealth Advisors Inc. raised its stake in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares in the last quarter. Key Capital Management INC bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter worth about $26,000. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after acquiring an additional 459 shares during the last quarter. Finally, Sfam LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $26,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $33.85 on Friday. The company’s 50 day moving average is $40.83 and its 200-day moving average is $43.15. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-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.