TME Financial Inc. Grows Stock Holdings in iShares Bitcoin Trust ETF $IBIT

TME Financial Inc. boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 19,451 shares of the company’s stock after acquiring an additional 1,256 shares during the period. TME Financial Inc.’s holdings in iShares Bitcoin Trust ETF were worth $1,191,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IBIT. Signature Resources Capital Management LLC grew its stake in iShares Bitcoin Trust ETF by 81.6% in 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. Berbice Capital Management LLC grew its stake in iShares Bitcoin Trust ETF by 100.0% in the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after acquiring an additional 300 shares during the period. TD Capital Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 48.9% in the 1st quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after purchasing an additional 209 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at $30,000. Finally, JFS Wealth Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 1,277.1% in the 2nd quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Down 5.5%

Shares of IBIT opened at $57.18 on Wednesday. The company’s fifty day moving average is $64.24 and its two-hundred day moving average is $62.54. iShares Bitcoin Trust ETF has a fifty-two week low of $39.11 and a fifty-two week 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.