Requisite Capital Management LLC Has $8.07 Million Position in iShares Bitcoin Trust ETF $IBIT

Requisite Capital Management LLC raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 35.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 131,818 shares of the company’s stock after buying an additional 34,441 shares during the period. iShares Bitcoin Trust ETF accounts for about 1.7% of Requisite Capital Management LLC’s portfolio, making the stock its 13th largest holding. Requisite Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $8,069,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Truist Financial Corp increased its stake in iShares Bitcoin Trust ETF by 0.4% in the 2nd quarter. Truist Financial Corp now owns 45,287 shares of the company’s stock valued at $2,772,000 after buying an additional 193 shares during the last quarter. Powers Advisory Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth about $209,000. Pennsylvania Capital Management Inc. ADV increased its stake in shares of iShares Bitcoin Trust ETF by 3.8% during the 2nd quarter. Pennsylvania Capital Management Inc. ADV now owns 15,809 shares of the company’s stock worth $968,000 after purchasing an additional 574 shares during the last quarter. MBA Advisors LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth about $230,000. Finally, Bosman Wealth Management LLC increased its stake in shares of iShares Bitcoin Trust ETF by 54.7% during the 2nd quarter. Bosman Wealth Management LLC now owns 57,218 shares of the company’s stock worth $3,502,000 after purchasing an additional 20,228 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $65.00 on Wednesday. The company’s 50-day moving average is $65.02 and its 200-day moving average is $59.39. iShares Bitcoin Trust ETF has a fifty-two week low of $33.47 and a fifty-two week high of $69.89.

iShares Bitcoin Trust ETF 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.