Cetera Investment Advisers Acquires 262,087 Shares of iShares Bitcoin Trust ETF $IBIT

Cetera Investment Advisers increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 25.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,296,500 shares of the company’s stock after purchasing an additional 262,087 shares during the period. Cetera Investment Advisers owned approximately 0.09% of iShares Bitcoin Trust ETF worth $49,812,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Key Capital Management INC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of iShares Bitcoin Trust ETF by 637.5% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after buying an additional 459 shares during the period. Sfam LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth approximately $26,000. Finally, Semmax Financial Advisors Inc. boosted its stake in iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Down 0.8%

Shares of NASDAQ:IBIT opened at $36.35 on Friday. The business’s fifty day moving average price is $37.37 and its two-hundred day moving average price is $41.15. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week 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.