Sound View Wealth Advisors Group LLC Has $1.29 Million Holdings in iShares Bitcoin Trust ETF $IBIT

Sound View Wealth Advisors Group LLC raised its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 53.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,130 shares of the company’s stock after purchasing an additional 7,393 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,293,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Rathbones Group PLC increased its holdings in iShares Bitcoin Trust ETF by 18.5% in the second quarter. Rathbones Group PLC now owns 7,112 shares of the company’s stock worth $435,000 after buying an additional 1,110 shares during the last quarter. Parkside Financial Bank & Trust grew its position in iShares Bitcoin Trust ETF by 29.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,543 shares of the company’s stock worth $94,000 after acquiring an additional 350 shares in the last quarter. WESCAP Management Group Inc. grew its position in iShares Bitcoin Trust ETF by 3.1% in the second quarter. WESCAP Management Group Inc. now owns 33,314 shares of the company’s stock worth $2,039,000 after acquiring an additional 1,011 shares in the last quarter. RWA Wealth Partners LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth $1,290,000. Finally, Disciplined Investors L.L.C. bought a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at $247,000.

iShares Bitcoin Trust ETF Stock Up 2.8%

IBIT stock opened at $58.88 on Monday. iShares Bitcoin Trust ETF has a 1 year low of $42.98 and a 1 year high of $71.82. The company has a fifty day simple moving average of $63.97 and a 200 day simple moving average of $62.69.

iShares Bitcoin Trust ETF Company 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.