Synergy Asset Management LLC Acquires Shares of 82,789 iShares Bitcoin Trust ETF $IBIT

Synergy Asset Management LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 82,789 shares of the company’s stock, valued at approximately $5,068,000.

A number of other institutional investors also recently bought and sold shares of the business. Verus Financial Partners Inc. increased its stake in iShares Bitcoin Trust ETF by 5.8% in the second quarter. Verus Financial Partners Inc. now owns 9,122 shares of the company’s stock valued at $580,000 after purchasing an additional 500 shares during the period. Matauro LLC increased its stake in iShares Bitcoin Trust ETF by 57.3% in the second quarter. Matauro LLC now owns 125,189 shares of the company’s stock valued at $7,663,000 after purchasing an additional 45,611 shares during the period. J. Safra Sarasin Holding AG increased its stake in iShares Bitcoin Trust ETF by 50.1% in the second quarter. J. Safra Sarasin Holding AG now owns 96,391 shares of the company’s stock valued at $5,897,000 after purchasing an additional 32,171 shares during the period. Sageworth Trust Co increased its stake in iShares Bitcoin Trust ETF by 4.9% in the second quarter. Sageworth Trust Co now owns 52,836 shares of the company’s stock valued at $3,234,000 after purchasing an additional 2,488 shares during the period. Finally, Access Financial Services Inc. acquired a new position in iShares Bitcoin Trust ETF in the second quarter valued at $406,000.

iShares Bitcoin Trust ETF Stock Up 3.0%

Shares of NASDAQ:IBIT opened at $68.77 on Friday. The firm’s 50-day simple moving average is $65.03 and its 200-day simple moving average is $59.59. 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.