SkyOak Wealth LLC Takes Position in iShares Bitcoin Trust ETF $IBIT

SkyOak Wealth LLC bought a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 17,961 shares of the company’s stock, valued at approximately $892,000.

Other institutional investors have also recently modified their holdings of the company. Caprock Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth $1,536,000. Kingstone Capital Partners Texas LLC lifted its position in shares of iShares Bitcoin Trust ETF by 50.6% during the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after buying an additional 21,815 shares during the last quarter. Investment House LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth $800,000. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $711,000. Finally, Copperleaf Capital LLC lifted its position in shares of iShares Bitcoin Trust ETF by 16.9% during the 3rd quarter. Copperleaf Capital LLC now owns 536,552 shares of the company’s stock worth $34,876,000 after buying an additional 77,414 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $46.17 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The business has a fifty day simple moving average of $41.66 and a 200 day simple moving average of $46.68.

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.