SeaCrest Wealth Management LLC Boosts Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

SeaCrest Wealth Management LLC raised its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 14.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,236 shares of the company’s stock after purchasing an additional 4,913 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $2,028,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Bitcoin Trust in the 2nd quarter valued at approximately $26,000. Asset Dedication LLC raised its position in iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares in the last quarter. PSI Advisors LLC purchased a new position in iShares Bitcoin Trust in the fourth quarter worth $30,000. West Financial Advisors LLC acquired a new stake in iShares Bitcoin Trust in the third quarter valued at $40,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of iShares Bitcoin Trust during the 2nd quarter worth $43,000.

iShares Bitcoin Trust Trading Up 3.0 %

Shares of IBIT opened at $54.83 on Wednesday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $61.75. The company has a 50-day simple moving average of $54.03 and a 200-day simple moving average of $42.03.

iShares Bitcoin Trust 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.