iShares Bitcoin Trust ETF $IBIT Shares Acquired by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC boosted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 138.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,899 shares of the company’s stock after acquiring an additional 12,713 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,087,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Chapman Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at $25,000. Anchor Investment Management LLC lifted its holdings in iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares during the period. Financial Life Planners bought a new position in iShares Bitcoin Trust ETF in the 3rd quarter valued at about $31,000. Semmax Financial Advisors Inc. grew its position in iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares in the last quarter. Finally, Key Capital Management INC acquired a new position in iShares Bitcoin Trust ETF during the 4th quarter valued at about $26,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $44.00 on Friday. The firm’s 50-day moving average is $42.07 and its two-hundred day moving average is $46.01. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82.

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.