iShares Bitcoin Trust ETF $IBIT Stake Raised by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 15.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 346,943 shares of the company’s stock after acquiring an additional 45,658 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Bitcoin Trust ETF were worth $16,424,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IBIT. Apella Capital LLC increased its stake in shares of iShares Bitcoin Trust ETF by 1.4% during the third quarter. Apella Capital LLC now owns 16,876 shares of the company’s stock valued at $797,000 after buying an additional 241 shares during the period. TD Waterhouse Canada Inc. raised its holdings in shares of iShares Bitcoin Trust ETF by 3.6% during the second quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock valued at $238,000 after acquiring an additional 243 shares in the last quarter. Retirement Planning Group LLC lifted its stake in iShares Bitcoin Trust ETF by 2.0% in the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after acquiring an additional 245 shares during the period. WP Advisors LLC lifted its stake in iShares Bitcoin Trust ETF by 4.2% in the third quarter. WP Advisors LLC now owns 6,778 shares of the company’s stock worth $321,000 after acquiring an additional 275 shares during the period. Finally, Cushing Capital Partners LLC boosted its holdings in iShares Bitcoin Trust ETF by 3.2% in the third quarter. Cushing Capital Partners LLC now owns 9,722 shares of the company’s stock valued at $460,000 after acquiring an additional 297 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT opened at $42.88 on Monday. The firm’s fifty day simple moving average is $45.81 and its 200 day simple moving average is $41.35. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $60.36.

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.