OneAscent Wealth Management LLC Acquires New Position in iShares Bitcoin Trust ETF $IBIT

OneAscent Wealth Management LLC bought a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,497 shares of the company’s stock, valued at approximately $459,000.

Several other institutional investors also recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its position in iShares Bitcoin Trust ETF by 80.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after purchasing an additional 13,731,993 shares during the period. Mubadala Investment Co PJSC lifted its stake in iShares Bitcoin Trust ETF by 6.0% in the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock valued at $408,510,000 after buying an additional 491,439 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the second quarter valued at $408,082,000. Crcm LP grew its position in shares of iShares Bitcoin Trust ETF by 4.7% during the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock worth $147,677,000 after acquiring an additional 142,685 shares during the last quarter. Finally, BSN CAPITAL PARTNERS Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF in the 1st quarter worth about $133,168,000.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF 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 firm has a 50-day moving average price of $64.02 and a two-hundred day moving average price of $62.48.

About iShares Bitcoin Trust ETF

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.