Kestra Private Wealth Services LLC Acquires 7,387 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Kestra Private Wealth Services LLC raised its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 61.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,389 shares of the company’s stock after purchasing an additional 7,387 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares Bitcoin Trust were worth $1,029,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Howland Capital Management LLC bought a new stake in iShares Bitcoin Trust during the 4th quarter valued at $285,000. Alliance Wealth Advisors LLC bought a new stake in iShares Bitcoin Trust during the 4th quarter valued at $202,000. Seelaus Asset Management LLC bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth $351,000. Kingsview Wealth Management LLC grew its stake in shares of iShares Bitcoin Trust by 78.1% in the 4th quarter. Kingsview Wealth Management LLC now owns 75,676 shares of the company’s stock worth $4,015,000 after acquiring an additional 33,174 shares in the last quarter. Finally, Apollon Wealth Management LLC grew its stake in shares of iShares Bitcoin Trust by 19.5% in the 4th quarter. Apollon Wealth Management LLC now owns 7,752 shares of the company’s stock worth $411,000 after acquiring an additional 1,266 shares in the last quarter.

iShares Bitcoin Trust Trading Down 0.8 %

NASDAQ IBIT opened at $54.74 on Friday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The company has a fifty day moving average price of $56.33 and a 200-day moving average price of $45.22.

iShares Bitcoin Trust 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.