Soltis Investment Advisors LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,640 shares of the company’s stock, valued at approximately $223,000.
A number of other large investors have also made changes to their positions in the stock. Nemes Rush Group LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 13.1% during the 1st quarter. Nemes Rush Group LLC now owns 2,582 shares of the company’s stock worth $121,000 after buying an additional 300 shares during the last quarter. Galvin Gaustad & Stein LLC grew its position in iShares Bitcoin Trust ETF by 158.1% in the first quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock worth $565,000 after acquiring an additional 7,400 shares during the period. Brio Consultants LLC acquired a new stake in iShares Bitcoin Trust ETF during the first quarter worth $5,308,000. Brighton Jones LLC purchased a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at $711,000. Finally, Brown University purchased a new stake in iShares Bitcoin Trust ETF in the first quarter valued at $4,915,000.
iShares Bitcoin Trust ETF Trading Up 2.8%
NASDAQ IBIT opened at $58.88 on Friday. The stock has a fifty day simple moving average of $63.97 and a 200-day simple moving average of $62.55. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month high of $71.82.
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.
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