Signature Estate & Investment Advisors LLC Acquires New Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Signature Estate & Investment Advisors LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,724 shares of the company’s stock, valued at approximately $251,000.

Other institutional investors also recently modified their holdings of the company. Vienna Asset Management LLC grew its position in iShares Bitcoin Trust by 131.6% during the 3rd quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after acquiring an additional 15,137 shares during the last quarter. Garden State Investment Advisory Services LLC bought a new stake in shares of iShares Bitcoin Trust during the third quarter worth about $656,000. Andina Capital Management LLC grew its holdings in shares of iShares Bitcoin Trust by 131.0% during the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock worth $910,000 after purchasing an additional 9,728 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of iShares Bitcoin Trust by 32.2% in the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after buying an additional 9,266 shares during the period. Finally, Mutual Advisors LLC raised its holdings in iShares Bitcoin Trust by 65.8% in the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock valued at $8,967,000 after buying an additional 62,338 shares during the last quarter.

iShares Bitcoin Trust Stock Up 0.5 %

IBIT stock opened at $49.44 on Friday. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The company has a fifty day moving average price of $52.88 and a 200-day moving average price of $48.57.

iShares Bitcoin Trust 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.