iShares Bitcoin Trust ETF $IBIT Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC grew its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 23.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 467,999 shares of the company’s stock after purchasing an additional 90,369 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $30,420,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IBIT. Brighton Jones LLC purchased a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at about $711,000. Bison Wealth LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $3,140,000. Royal Bank of Canada boosted its stake in iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after purchasing an additional 2,148 shares in the last quarter. Jones Financial Companies Lllp grew its position in iShares Bitcoin Trust ETF by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after purchasing an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in iShares Bitcoin Trust ETF during the 2nd quarter valued at approximately $357,000.

iShares Bitcoin Trust ETF Stock Down 0.2%

NASDAQ IBIT opened at $50.51 on Thursday. iShares Bitcoin Trust ETF has a 12-month low of $42.98 and a 12-month high of $71.82. The company has a fifty day simple moving average of $50.94 and a two-hundred day simple moving average of $59.41.

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.