SOA Wealth Advisors LLC. Buys 450 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

SOA Wealth Advisors LLC. grew its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 38.5% during the third quarter, HoldingsChannel reports. The firm owned 1,619 shares of the company’s stock after buying an additional 450 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in iShares Bitcoin Trust were worth $58,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of IBIT. Comerica Bank acquired a new stake in shares of iShares Bitcoin Trust in the first quarter valued at about $225,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares Bitcoin Trust by 3.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 87,072 shares of the company’s stock worth $2,973,000 after buying an additional 2,653 shares during the last quarter. Brookstone Capital Management boosted its position in shares of iShares Bitcoin Trust by 11.0% in the second quarter. Brookstone Capital Management now owns 192,437 shares of the company’s stock valued at $7,089,000 after acquiring an additional 19,051 shares during the period. Gradient Investments LLC boosted its position in shares of iShares Bitcoin Trust by 42,832.1% in the second quarter. Gradient Investments LLC now owns 24,042 shares of the company’s stock valued at $821,000 after acquiring an additional 23,986 shares during the period. Finally, World Equity Group Inc. grew its stake in shares of iShares Bitcoin Trust by 35.9% in the second quarter. World Equity Group Inc. now owns 6,876 shares of the company’s stock worth $235,000 after acquiring an additional 1,815 shares during the last quarter.

iShares Bitcoin Trust Trading Down 1.4 %

NASDAQ:IBIT opened at $56.92 on Friday. iShares Bitcoin Trust has a one year low of $22.02 and a one year high of $59.16. The company has a fifty day moving average price of $46.07 and a 200 day moving average price of $39.18.

About iShares Bitcoin Trust

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.