iShares Bitcoin Trust ETF (NASDAQ:IBIT) Shares Bought by Avaii Wealth Management LLC

Avaii Wealth Management LLC increased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 14.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,154 shares of the company’s stock after purchasing an additional 879 shares during the quarter. Avaii Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $335,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IBIT. Brighton Jones LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at about $711,000. Apollon Wealth Management LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 19.5% in the 4th quarter. Apollon Wealth Management LLC now owns 7,752 shares of the company’s stock valued at $411,000 after purchasing an additional 1,266 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 61.5% in the 4th quarter. Kestra Private Wealth Services LLC now owns 19,389 shares of the company’s stock valued at $1,029,000 after purchasing an additional 7,387 shares in the last quarter. Savant Capital LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 25.2% in the 4th quarter. Savant Capital LLC now owns 13,597 shares of the company’s stock valued at $721,000 after purchasing an additional 2,733 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC purchased a new position in iShares Bitcoin Trust ETF during the 4th quarter valued at about $452,000.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT opened at $59.74 on Friday. The firm has a 50-day moving average price of $55.86 and a two-hundred day moving average price of $54.24. iShares Bitcoin Trust ETF has a twelve month low of $28.23 and a twelve month high of $63.70.

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.