Stratos Wealth Partners LTD. Acquires 37,425 Shares of iShares Bitcoin Trust ETF $IBIT

Stratos Wealth Partners LTD. increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 86.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,580 shares of the company’s stock after acquiring an additional 37,425 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares Bitcoin Trust ETF were worth $5,238,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Evermay Wealth Management LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 15.8% during the 2nd quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock worth $67,000 after purchasing an additional 150 shares during the period. McIlrath & Eck LLC raised its stake in shares of iShares Bitcoin Trust ETF by 30.3% in 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% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares during the period. Howard Capital Management Group LLC boosted its stake in iShares Bitcoin Trust ETF by 0.6% during the third quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after buying an additional 165 shares in the last quarter. Finally, Encompass Wealth Advisors LLC increased its holdings in iShares Bitcoin Trust ETF by 2.2% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock valued at $498,000 after buying an additional 165 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $37.05 on Friday. The firm has a fifty day moving average of $48.91 and a 200-day moving average of $57.49. 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.