iShares Bitcoin Trust ETF $IBIT Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17.9% during the first quarter, HoldingsChannel.com reports. The fund owned 108,360 shares of the company’s stock after acquiring an additional 16,453 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,163,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Laurore Ltd bought a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $436,239,000. Mubadala Investment Co PJSC lifted its holdings in shares of iShares Bitcoin Trust ETF by 45.6% in the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after purchasing an additional 3,975,351 shares during the last quarter. 59 North Capital Management LP acquired a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $169,100,000. Marshall Wace LLP grew its stake in iShares Bitcoin Trust ETF by 229.8% during the 4th quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock worth $171,181,000 after buying an additional 2,402,259 shares during the last quarter. Finally, Morgan Stanley grew its stake in iShares Bitcoin Trust ETF by 21.5% during the 4th quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after buying an additional 2,374,482 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Up 1.0%

IBIT stock opened at $33.85 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The stock’s fifty day moving average is $40.83 and its two-hundred day moving average is $43.15.

iShares Bitcoin Trust ETF Company 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.