Signal Advisors Wealth LLC Raises Holdings in iShares Bitcoin Trust ETF $IBIT

Signal Advisors Wealth LLC lifted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 10.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 153,817 shares of the company’s stock after purchasing an additional 14,874 shares during the quarter. Signal Advisors Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $7,637,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. StoneX Group Inc. raised its stake in iShares Bitcoin Trust ETF by 41.2% during the second quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock valued at $4,347,000 after purchasing an additional 20,755 shares in the last quarter. Caprock Group LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth $1,536,000. Finer Wealth Management Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 136.2% in the 2nd quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock worth $2,428,000 after buying an additional 22,872 shares in the last quarter. Kingstone Capital Partners Texas LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 50.6% in the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after buying an additional 21,815 shares during the last quarter. Finally, Calamos Wealth Management LLC raised its position in shares of iShares Bitcoin Trust ETF by 81.0% during the 3rd quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock valued at $3,202,000 after buying an additional 22,045 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 2.3%

Shares of NASDAQ:IBIT opened at $40.17 on Thursday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The company has a 50-day moving average price of $42.20 and a 200 day moving average price of $52.21.

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.