iShares Bitcoin Trust ETF $IBIT Stock: Cora Capital Advisors LLC Raises Holdings

Cora Capital Advisors LLC grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 44.1% during the third quarter, HoldingsChannel reports. The firm owned 59,899 shares of the company’s stock after buying an additional 18,321 shares during the period. iShares Bitcoin Trust ETF comprises approximately 0.7% of Cora Capital Advisors LLC’s portfolio, making the stock its 25th largest holding. Cora Capital Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,836,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Apella Capital LLC raised its stake in iShares Bitcoin Trust ETF by 1.4% during the third quarter. Apella Capital LLC now owns 16,876 shares of the company’s stock worth $797,000 after buying an additional 241 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in iShares Bitcoin Trust ETF by 3.6% in the second quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock valued at $238,000 after buying an additional 243 shares during the period. Retirement Planning Group LLC lifted its holdings in iShares Bitcoin Trust ETF by 2.0% in the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after buying an additional 245 shares during the period. WP Advisors LLC lifted its holdings in iShares Bitcoin Trust ETF by 4.2% in the third quarter. WP Advisors LLC now owns 6,778 shares of the company’s stock valued at $321,000 after buying an additional 275 shares during the period. Finally, Cushing Capital Partners LLC lifted its holdings in iShares Bitcoin Trust ETF by 3.2% in the third quarter. Cushing Capital Partners LLC now owns 9,722 shares of the company’s stock valued at $460,000 after buying an additional 297 shares during the period.

iShares Bitcoin Trust ETF Stock Down 5.1%

Shares of IBIT opened at $43.02 on Friday. The firm’s fifty day simple moving average is $45.86 and its two-hundred day simple moving average is $41.38. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $60.36.

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.