Kestra Advisory Services LLC Buys 45,658 Shares of iShares Bitcoin Trust ETF $IBIT

Kestra Advisory Services LLC boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 15.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 346,943 shares of the company’s stock after purchasing an additional 45,658 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Bitcoin Trust ETF were worth $16,424,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Apella Capital LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 1.4% in the third quarter. Apella Capital LLC now owns 16,876 shares of the company’s stock worth $797,000 after purchasing an additional 241 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the second quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock worth $238,000 after buying an additional 243 shares during the period. Retirement Planning Group LLC raised its holdings in iShares Bitcoin Trust ETF by 2.0% during the 1st quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after buying an additional 245 shares during the last quarter. WP Advisors LLC raised its holdings in iShares Bitcoin Trust ETF by 4.2% during the 3rd quarter. WP Advisors LLC now owns 6,778 shares of the company’s stock valued at $321,000 after buying an additional 275 shares during the last quarter. Finally, Cushing Capital Partners LLC raised its holdings in iShares Bitcoin Trust ETF by 3.2% during the 3rd quarter. Cushing Capital Partners LLC now owns 9,722 shares of the company’s stock valued at $460,000 after buying an additional 297 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $42.88 on Monday. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $60.36. The firm has a fifty day simple moving average of $45.81 and a two-hundred day simple moving average of $41.35.

About iShares Bitcoin Trust ETF

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.