Stone House Investment Management LLC Buys 1,213 Shares of iShares Bitcoin Trust ETF $IBIT

Stone House Investment Management LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 39.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,262 shares of the company’s stock after purchasing an additional 1,213 shares during the period. Stone House Investment Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $261,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IBIT. Signature Resources Capital Management LLC raised its holdings 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 valued at $27,000 after acquiring an additional 200 shares during the period. RMG Wealth Management LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the second quarter worth approximately $30,000. JFS Wealth Advisors LLC grew its position in shares of iShares Bitcoin Trust ETF by 1,277.1% in the second 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. Berbice Capital Management LLC increased its stake in shares of iShares Bitcoin Trust ETF by 100.0% during the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after purchasing an additional 300 shares during the period. Finally, TD Capital Management LLC lifted its holdings in iShares Bitcoin Trust ETF by 48.9% during the 1st quarter. TD Capital Management LLC now owns 636 shares of the company’s stock worth $30,000 after purchasing an additional 209 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $58.92 on Thursday. The business has a fifty day simple moving average of $64.15 and a 200 day simple moving average of $62.52. iShares Bitcoin Trust ETF has a 1 year low of $41.86 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.