LPL Financial LLC Boosts Stock Position in iShares Bitcoin Trust ETF $IBIT

LPL Financial LLC lifted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 20.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,979,325 shares of the company’s stock after buying an additional 500,120 shares during the quarter. LPL Financial LLC’s holdings in iShares Bitcoin Trust ETF were worth $147,923,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IBIT. Caprock Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth about $1,536,000. Brighton Jones LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth about $711,000. Cassaday & Co Wealth Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 247.5% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock worth $2,074,000 after acquiring an additional 22,727 shares in the last quarter. Concentrum Wealth Management boosted its position in shares of iShares Bitcoin Trust ETF by 16.8% during the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock worth $8,702,000 after acquiring an additional 19,269 shares in the last quarter. Finally, Procyon Advisors LLC boosted its position in shares of iShares Bitcoin Trust ETF by 920.1% during the 4th quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock worth $11,301,000 after acquiring an additional 205,292 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.2%

NASDAQ:IBIT opened at $35.08 on Thursday. The stock has a 50-day simple moving average of $41.89 and a 200-day simple moving average of $44.37. iShares Bitcoin Trust ETF has a 1 year low of $33.48 and a 1 year high of $71.82.

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.