Migdal Insurance & Financial Holdings Ltd. Purchases 1,905 Shares of iShares Bitcoin Trust ETF $IBIT

Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 42.6% in the second quarter, HoldingsChannel.com reports. The fund owned 6,380 shares of the company’s stock after buying an additional 1,905 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $391,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IBIT. American Capital Advisory LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 144.7% during the 1st quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock worth $26,000 after acquiring an additional 327 shares during the period. Signature Resources Capital Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 81.6% during the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after acquiring an additional 200 shares during the period. Mather Group LLC. grew its holdings in shares of iShares Bitcoin Trust ETF by 164.2% during the 1st quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after purchasing an additional 376 shares during the last quarter. Berbice Capital Management LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 100.0% during the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 1st quarter valued at approximately $30,000.

iShares Bitcoin Trust ETF Stock Down 2.7%

Shares of iShares Bitcoin Trust ETF stock opened at $62.75 on Thursday. The firm’s 50 day moving average is $64.55 and its 200 day moving average is $62.11. iShares Bitcoin Trust ETF has a 1 year low of $38.17 and a 1 year high of $71.82.

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.