Bill Few Associates Inc. Invests $207,000 in iShares Bitcoin Trust ETF $IBIT

Bill Few Associates Inc. acquired a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,375 shares of the company’s stock, valued at approximately $207,000.

A number of other institutional investors have also made changes to their positions in IBIT. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter worth about $711,000. Bison Wealth LLC bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter worth about $3,140,000. Azzad Asset Management Inc. ADV bought a new position in shares of iShares Bitcoin Trust ETF in the first quarter worth about $323,000. Stock Yards Bank & Trust Co. bought a new position in shares of iShares Bitcoin Trust ETF in the first quarter worth about $225,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares Bitcoin Trust ETF by 31.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 184,869 shares of the company’s stock worth $8,654,000 after purchasing an additional 44,295 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.6%

iShares Bitcoin Trust ETF stock opened at $65.81 on Tuesday. iShares Bitcoin Trust ETF has a 52 week low of $36.82 and a 52 week high of $71.82. The business’s 50-day simple moving average is $65.40 and its 200-day simple moving average is $60.72.

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.