HBK Sorce Advisory LLC Grows Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

HBK Sorce Advisory LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 37.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,228 shares of the company’s stock after purchasing an additional 2,525 shares during the quarter. HBK Sorce Advisory LLC’s holdings in iShares Bitcoin Trust were worth $490,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IBIT. Pettinga Financial Advisors LLC grew its holdings in iShares Bitcoin Trust by 34.8% in the third quarter. Pettinga Financial Advisors LLC now owns 8,630 shares of the company’s stock worth $312,000 after purchasing an additional 2,230 shares during the last quarter. Atria Investments Inc purchased a new position in iShares Bitcoin Trust in the third quarter worth $558,000. Aptus Capital Advisors LLC grew its holdings in iShares Bitcoin Trust by 53.8% in the third quarter. Aptus Capital Advisors LLC now owns 14,537 shares of the company’s stock worth $525,000 after purchasing an additional 5,083 shares during the last quarter. Empower Advisory Group LLC grew its holdings in iShares Bitcoin Trust by 9.7% in the third quarter. Empower Advisory Group LLC now owns 31,730 shares of the company’s stock worth $1,146,000 after purchasing an additional 2,799 shares during the last quarter. Finally, Empowered Funds LLC purchased a new position in iShares Bitcoin Trust in the third quarter worth $2,298,000.

iShares Bitcoin Trust Stock Up 5.8 %

NASDAQ IBIT opened at $48.14 on Friday. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The firm’s fifty day simple moving average is $54.02 and its two-hundred day simple moving average is $47.60.

iShares Bitcoin Trust Company 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.