iShares Bitcoin Trust ETF $IBIT Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 27.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,191 shares of the company’s stock after acquiring an additional 15,016 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,435,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Gateway Investment Advisers LLC grew its position in iShares Bitcoin Trust ETF by 1.2% during the fourth quarter. Gateway Investment Advisers LLC now owns 357,184 shares of the company’s stock valued at $17,734,000 after acquiring an additional 4,206 shares during the period. Indivisible Partners purchased a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter worth about $245,000. RFG Advisory LLC boosted its position in shares of iShares Bitcoin Trust ETF by 4.9% in the fourth quarter. RFG Advisory LLC now owns 38,811 shares of the company’s stock worth $1,927,000 after buying an additional 1,829 shares during the period. Equitable Trust Co. boosted its position in shares of iShares Bitcoin Trust ETF by 17.0% in the fourth quarter. Equitable Trust Co. now owns 26,110 shares of the company’s stock worth $1,296,000 after buying an additional 3,790 shares during the period. Finally, BOKF NA lifted its stake in shares of iShares Bitcoin Trust ETF by 719.4% in the fourth quarter. BOKF NA now owns 5,695 shares of the company’s stock worth $283,000 after acquiring an additional 5,000 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 0.0%

IBIT opened at $45.41 on Friday. The firm’s fifty day moving average price is $40.93 and its 200 day moving average price is $47.28. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month 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.