Quattro Financial Advisors LLC Has $14.72 Million Position in iShares Bitcoin Trust ETF $IBIT

Quattro Financial Advisors LLC increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 18.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 226,400 shares of the company’s stock after acquiring an additional 35,565 shares during the period. iShares Bitcoin Trust ETF comprises about 4.7% of Quattro Financial Advisors LLC’s portfolio, making the stock its 5th largest position. Quattro Financial Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $14,716,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. StoneX Group Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 41.2% in the second quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock valued at $4,347,000 after buying an additional 20,755 shares in the last quarter. Finer Wealth Management Inc. raised its position in iShares Bitcoin Trust ETF by 136.2% during the second quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock worth $2,428,000 after acquiring an additional 22,872 shares in the last quarter. Calamos Wealth Management LLC lifted its stake in iShares Bitcoin Trust ETF by 81.0% in the third quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock valued at $3,202,000 after acquiring an additional 22,045 shares during the last quarter. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at about $711,000. Finally, Walkner Condon Financial Advisors LLC grew its position in shares of iShares Bitcoin Trust ETF by 15.4% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 13,644 shares of the company’s stock valued at $835,000 after acquiring an additional 1,821 shares during the period.

iShares Bitcoin Trust ETF Stock Up 2.6%

Shares of IBIT stock opened at $50.94 on Friday. The firm’s 50-day moving average is $53.16 and its 200-day moving average is $60.57. iShares Bitcoin Trust ETF has a 52-week low of $42.98 and a 52-week high of $71.82.

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.