1,640 Shares in iShares Bitcoin Trust ETF $IBIT Acquired by Morgan Dempsey Capital Management LLC

Morgan Dempsey Capital Management LLC acquired a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,640 shares of the company’s stock, valued at approximately $100,000.

Several other institutional investors also recently modified their holdings of the stock. Osterweis Capital Management Inc. increased its position in shares of iShares Bitcoin Trust ETF by 10.8% in the first quarter. Osterweis Capital Management Inc. now owns 1,817 shares of the company’s stock worth $85,000 after purchasing an additional 177 shares during the last quarter. Philadelphia Trust Co. increased its position in shares of iShares Bitcoin Trust ETF by 1.5% in the first quarter. Philadelphia Trust Co. now owns 11,891 shares of the company’s stock worth $557,000 after purchasing an additional 180 shares during the last quarter. GSG Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF by 2.4% in the second quarter. GSG Advisors LLC now owns 7,576 shares of the company’s stock worth $464,000 after purchasing an additional 180 shares during the last quarter. Eagle Bay Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF by 3.9% in the second quarter. Eagle Bay Advisors LLC now owns 4,979 shares of the company’s stock worth $305,000 after purchasing an additional 187 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of iShares Bitcoin Trust ETF by 0.4% in the second quarter. Truist Financial Corp now owns 45,287 shares of the company’s stock worth $2,772,000 after purchasing an additional 193 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $60.47 on Friday. The company’s 50 day moving average is $65.12 and its 200 day moving average is $61.03. iShares Bitcoin Trust ETF has a 1-year low of $37.09 and a 1-year high of $71.82.

iShares Bitcoin Trust ETF 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.