Northstar Advisory Group LLC Buys 13,326 Shares of iShares Bitcoin Trust ETF $IBIT

Northstar Advisory Group LLC increased its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 29.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,206 shares of the company’s stock after purchasing an additional 13,326 shares during the period. iShares Bitcoin Trust ETF makes up approximately 1.5% of Northstar Advisory Group LLC’s holdings, making the stock its 20th biggest position. Northstar Advisory Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,783,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF in the fourth quarter worth about $711,000. Bison Wealth LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $3,140,000. Royal Bank of Canada raised its holdings 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 acquiring an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp lifted its position in iShares Bitcoin Trust ETF by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after acquiring an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in iShares Bitcoin Trust ETF during the 2nd quarter valued at $357,000.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $49.65 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The stock has a fifty day simple moving average of $50.99 and a two-hundred day simple moving average of $59.59.

iShares Bitcoin Trust ETF 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.