Ethos Financial Group LLC Acquires 9,340 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Ethos Financial Group LLC boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 135.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 16,240 shares of the company’s stock after purchasing an additional 9,340 shares during the quarter. Ethos Financial Group LLC’s holdings in iShares Bitcoin Trust were worth $862,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in IBIT. Pettinga Financial Advisors LLC lifted its position in iShares Bitcoin Trust by 34.8% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 8,630 shares of the company’s stock valued at $312,000 after acquiring an additional 2,230 shares in the last quarter. Heritage Investors Management Corp bought a new position in shares of iShares Bitcoin Trust during the 3rd quarter worth approximately $303,000. Avidian Wealth Enterprises LLC lifted its position in shares of iShares Bitcoin Trust by 40.3% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 19,931 shares of the company’s stock worth $720,000 after buying an additional 5,724 shares in the last quarter. Beacon Financial Advisory LLC bought a new position in shares of iShares Bitcoin Trust during the 3rd quarter worth approximately $253,000. Finally, Graypoint LLC lifted its position in shares of iShares Bitcoin Trust by 26.9% during the 3rd quarter. Graypoint LLC now owns 16,860 shares of the company’s stock worth $609,000 after buying an additional 3,576 shares in the last quarter.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $51.44 on Thursday. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The company’s 50 day moving average price is $54.94 and its two-hundred day moving average price is $47.06.

About iShares Bitcoin Trust

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.