1,025 Shares in iShares Bitcoin Trust ETF $IBIT Acquired by Mid American Wealth Advisory Group Inc.

Mid American Wealth Advisory Group Inc. purchased a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,025 shares of the company’s stock, valued at approximately $63,000.

Several other large investors have also recently modified their holdings of IBIT. Nemes Rush Group LLC increased its holdings in iShares Bitcoin Trust ETF by 13.1% in the first quarter. Nemes Rush Group LLC now owns 2,582 shares of the company’s stock valued at $121,000 after purchasing an additional 300 shares during the period. Galvin Gaustad & Stein LLC grew its position in shares of iShares Bitcoin Trust ETF by 158.1% in the 1st quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock valued at $565,000 after buying an additional 7,400 shares during the last quarter. Brio Consultants LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the first quarter valued at about $5,308,000. Mather Group LLC. raised its position in shares of iShares Bitcoin Trust ETF by 164.2% during the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after acquiring an additional 376 shares during the last quarter. Finally, Brighton Jones LLC bought a new position in iShares Bitcoin Trust ETF during the 4th quarter worth approximately $711,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $62.93 on Tuesday. The company’s fifty day simple moving average is $65.03 and its 200 day simple moving average is $61.24. iShares Bitcoin Trust ETF has a 12-month low of $37.09 and a 12-month 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.