Wealthfront Advisers LLC Acquires 300,119 Shares of iShares Bitcoin Trust ETF $IBIT

Wealthfront Advisers LLC grew its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 20.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,760,650 shares of the company’s stock after purchasing an additional 300,119 shares during the quarter. Wealthfront Advisers LLC owned about 0.14% of iShares Bitcoin Trust ETF worth $58,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in IBIT. Semmax Financial Advisors Inc. grew its stake in iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares during the period. Marshall & Sterling Wealth Advisors Inc. lifted its stake in iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the period. Sfam LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 637.5% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after buying an additional 459 shares in the last quarter. Finally, WFA of San Diego LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $34,000.

iShares Bitcoin Trust ETF Trading Up 0.5%

NASDAQ:IBIT opened at $36.60 on Wednesday. The company has a fifty day moving average of $35.92 and a 200-day moving average of $39.18. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve 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.