DMC Group LLC acquired a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,319 shares of the company’s stock, valued at approximately $387,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its stake in iShares Bitcoin Trust ETF by 80.3% in the first quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after buying an additional 13,731,993 shares in the last quarter. Mubadala Investment Co PJSC lifted its holdings in shares of iShares Bitcoin Trust ETF by 6.0% in the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock valued at $408,510,000 after purchasing an additional 491,439 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the second quarter valued at about $408,082,000. Crcm LP lifted its holdings in shares of iShares Bitcoin Trust ETF by 4.7% in the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock valued at $147,677,000 after purchasing an additional 142,685 shares in the last quarter. Finally, BSN CAPITAL PARTNERS Ltd bought a new stake in shares of iShares Bitcoin Trust ETF in the first quarter valued at about $133,168,000.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ IBIT opened at $69.13 on Wednesday. The stock’s 50 day moving average price is $65.23 and its two-hundred day moving average price is $60.13. iShares Bitcoin Trust ETF has a 52 week low of $33.47 and a 52 week high of $71.82.
About iShares Bitcoin Trust ETF
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.
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