Nvwm LLC Grows Stock Position in iShares Bitcoin Trust ETF $IBIT

Nvwm LLC lifted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 10,945.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,434 shares of the company’s stock after buying an additional 20,249 shares during the quarter. Nvwm LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,251,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Signature Resources Capital Management LLC grew its stake 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 purchasing an additional 200 shares during the period. Berbice Capital Management LLC boosted its holdings in 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 buying an additional 300 shares in the last quarter. TD Capital Management LLC grew its position in iShares Bitcoin Trust ETF by 48.9% during the first quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after buying an additional 209 shares during the period. RMG Wealth Management LLC purchased a new position in iShares Bitcoin Trust ETF in the second quarter valued at $30,000. Finally, JFS Wealth Advisors LLC raised 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 worth $30,000 after acquiring an additional 447 shares during the period.

iShares Bitcoin Trust ETF Price Performance

IBIT stock opened at $57.26 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $42.47 and a 52-week high of $71.82. The company’s 50-day simple moving average is $64.02 and its 200-day simple moving average is $62.48.

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.