iShares Bitcoin Trust ETF $IBIT Holdings Raised by Lido Advisors LLC

Lido Advisors LLC lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 29.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 391,995 shares of the company’s stock after purchasing an additional 89,940 shares during the quarter. Lido Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $18,557,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Cornerstone Wealth Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 6.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 23,606 shares of the company’s stock worth $1,118,000 after acquiring an additional 1,444 shares in the last quarter. Cassia Capital Partners LLC raised its position in iShares Bitcoin Trust ETF by 3.2% during the third quarter. Cassia Capital Partners LLC now owns 26,315 shares of the company’s stock valued at $1,246,000 after purchasing an additional 816 shares in the last quarter. Kestra Investment Management LLC acquired a new position in iShares Bitcoin Trust ETF during the third quarter valued at approximately $222,000. AlphaCore Capital LLC lifted its stake in iShares Bitcoin Trust ETF by 17.2% during the third quarter. AlphaCore Capital LLC now owns 13,654 shares of the company’s stock worth $646,000 after purchasing an additional 2,008 shares during the last quarter. Finally, Almanack Investment Partners LLC. bought a new stake in iShares Bitcoin Trust ETF during the third quarter worth $974,000.

iShares Bitcoin Trust ETF Stock Up 1.3%

Shares of IBIT stock opened at $42.24 on Thursday. The stock’s fifty day moving average price is $45.69 and its two-hundred day moving average price is $41.21. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $59.56.

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.