SNS Financial Group LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 34.1% during the second quarter, HoldingsChannel.com reports. The fund owned 7,996 shares of the company’s stock after acquiring an additional 2,034 shares during the quarter. SNS Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $489,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Nemes Rush Group LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 13.1% during the first quarter. Nemes Rush Group LLC now owns 2,582 shares of the company’s stock valued at $121,000 after acquiring an additional 300 shares during the period. Galvin Gaustad & Stein LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 158.1% during the first quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock valued at $565,000 after acquiring an additional 7,400 shares during the period. Brio Consultants LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the first quarter valued at $5,308,000. Brighton Jones LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at $711,000. Finally, Brown University acquired a new position in shares of iShares Bitcoin Trust ETF during the first quarter valued at $4,915,000.
iShares Bitcoin Trust ETF Stock Down 5.5%
Shares of IBIT opened at $57.18 on Wednesday. iShares Bitcoin Trust ETF has a 12-month low of $39.11 and a 12-month high of $71.82. The stock’s fifty day simple moving average is $64.24 and its 200-day simple moving average is $62.54.
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.
See Also
- Five stocks we like better than iShares Bitcoin Trust ETF
- Roth IRA Calculator: Calculate Your Potential Returns
- Affirm’s New York Life Deal: A Game-Changing Stamp of Approval
- What Are Dividend Achievers? An Introduction
- 3 Potential Scenarios to Watch for in D-Wave’s Earnings Report
- Are Penny Stocks a Good Fit for Your Portfolio?
- Eli Lilly Posts Stellar Q3: Long-Term Upside Is Well in Play
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
Receive News & Ratings for iShares Bitcoin Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
