24,396 Shares in iShares Bitcoin Trust ETF $IBIT Purchased by SG Americas Securities LLC

SG Americas Securities LLC purchased a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the third quarter, HoldingsChannel reports. The fund purchased 24,396 shares of the company’s stock, valued at approximately $1,586,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. StoneX Group Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 41.2% during the 2nd quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock worth $4,347,000 after acquiring an additional 20,755 shares during the last quarter. Finer Wealth Management Inc. grew its position in iShares Bitcoin Trust ETF by 136.2% in the 2nd quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock valued at $2,428,000 after acquiring an additional 22,872 shares during the last quarter. Calamos Wealth Management LLC increased 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 worth $3,202,000 after purchasing an additional 22,045 shares during the period. Kercheville Advisors LLC lifted its position in shares of iShares Bitcoin Trust ETF by 194.4% during the third quarter. Kercheville Advisors LLC now owns 16,853 shares of the company’s stock worth $1,095,000 after purchasing an additional 11,128 shares during the last quarter. Finally, Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $711,000.

iShares Bitcoin Trust ETF Trading Down 2.6%

Shares of IBIT opened at $54.00 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $42.98 and a 1-year high of $71.82. The company has a 50-day moving average of $51.68 and a 200 day moving average of $60.14.

iShares Bitcoin Trust ETF 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.