iShares Bitcoin Trust ETF $IBIT Stock Holdings Lifted by West Financial Advisors LLC

West Financial Advisors LLC increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 1,050.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 14,125 shares of the company’s stock after buying an additional 12,897 shares during the period. West Financial Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $918,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capula Management Ltd lifted its holdings in iShares Bitcoin Trust ETF by 22.5% in the second quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock worth $580,346,000 after acquiring an additional 1,739,073 shares during the last quarter. Mubadala Investment Co PJSC raised its position in shares of iShares Bitcoin Trust ETF by 6.0% during the 1st quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock worth $408,510,000 after purchasing an additional 491,439 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $408,082,000. Sculptor Capital LP boosted its position in iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after purchasing an additional 1,673,788 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in iShares Bitcoin Trust ETF by 1,119.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock valued at $196,916,000 after purchasing an additional 2,953,342 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $50.09 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The stock has a fifty day moving average price of $55.45 and a 200 day moving average price of $61.28.

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.