iShares Bitcoin Trust ETF $IBIT Shares Acquired by Avestar Capital LLC

Avestar Capital LLC increased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 158.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 241,928 shares of the company’s stock after buying an additional 148,358 shares during the period. iShares Bitcoin Trust ETF comprises approximately 0.8% of Avestar Capital LLC’s holdings, making the stock its 22nd biggest holding. Avestar Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $12,012,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IBIT. McIlrath & Eck LLC grew its stake in shares of iShares Bitcoin Trust ETF by 30.3% during the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after acquiring an additional 163 shares in the last quarter. Vivaldi Capital Management LP grew its stake in iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares in the last quarter. Thoroughbred Financial Services LLC grew its stake in iShares Bitcoin Trust ETF by 3.3% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after purchasing an additional 172 shares in the last quarter. Consolidated Portfolio Review Corp increased its holdings in iShares Bitcoin Trust ETF by 2.3% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock worth $510,000 after purchasing an additional 174 shares during the last quarter. Finally, Fusion Capital LLC increased its holdings in iShares Bitcoin Trust ETF by 3.7% during the 3rd quarter. Fusion Capital LLC now owns 4,993 shares of the company’s stock worth $311,000 after purchasing an additional 178 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Down 2.7%

Shares of IBIT opened at $37.01 on Thursday. The business’s 50 day moving average is $42.23 and its two-hundred day moving average is $44.94. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week 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.