Foundations Investment Advisors LLC Acquires 76,160 Shares of iShares Bitcoin Trust ETF $IBIT

Foundations Investment Advisors LLC increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 16.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 544,159 shares of the company’s stock after buying an additional 76,160 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $27,017,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. McIlrath & Eck LLC boosted 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 purchasing an additional 163 shares in the last quarter. Vivaldi Capital Management LP lifted its position in iShares Bitcoin Trust ETF by 3.3% during the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after acquiring an additional 163 shares during the last quarter. Thoroughbred Financial Services LLC lifted its position in iShares Bitcoin Trust ETF by 3.3% during the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after acquiring an additional 172 shares during the last quarter. Consolidated Portfolio Review Corp lifted its position in iShares Bitcoin Trust ETF by 2.3% during the third quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock valued at $510,000 after acquiring an additional 174 shares during the last quarter. Finally, Fusion Capital LLC lifted its position in iShares Bitcoin Trust ETF by 3.7% during the third quarter. Fusion Capital LLC now owns 4,993 shares of the company’s stock valued at $311,000 after acquiring an additional 178 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ:IBIT opened at $42.45 on Thursday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The firm has a 50 day moving average of $42.25 and a 200 day moving average of $45.57.

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.