Level Four Advisory Services LLC Makes New $913,000 Investment in iShares Bitcoin Trust ETF $IBIT

Level Four Advisory Services LLC bought a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 14,922 shares of the company’s stock, valued at approximately $913,000.

Other hedge funds have also made changes to their positions in the company. Signature Resources Capital Management LLC boosted its stake in iShares Bitcoin Trust ETF by 81.6% during the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after acquiring an additional 200 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $30,000. JFS Wealth Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF by 1,277.1% in the 2nd quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares during the last quarter. Hughes Financial Services LLC raised its stake in shares of iShares Bitcoin Trust ETF by 160.1% in the 2nd quarter. Hughes Financial Services LLC now owns 619 shares of the company’s stock valued at $41,000 after purchasing an additional 381 shares in the last quarter. Finally, TD Capital Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 48.9% during the first quarter. TD Capital Management LLC now owns 636 shares of the company’s stock worth $30,000 after purchasing an additional 209 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Up 1.0%

NASDAQ:IBIT opened at $51.55 on Monday. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82. The stock has a 50-day simple moving average of $60.47 and a 200 day simple moving average of $62.38.

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.