Copperleaf Capital LLC Has $28.10 Million Position in iShares Bitcoin Trust ETF $IBIT

Copperleaf Capital LLC increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 1.0% during the 2nd quarter, Holdings Channel reports. The firm owned 459,138 shares of the company’s stock after buying an additional 4,535 shares during the period. iShares Bitcoin Trust ETF makes up approximately 14.2% of Copperleaf Capital LLC’s investment portfolio, making the stock its biggest position. Copperleaf Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $28,104,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IBIT. Goldman Sachs Group Inc. lifted its holdings in iShares Bitcoin Trust ETF by 80.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock worth $1,443,239,000 after buying an additional 13,731,993 shares during the period. Mubadala Investment Co PJSC raised its holdings in shares of iShares Bitcoin Trust ETF by 6.0% during the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock valued at $408,510,000 after acquiring an additional 491,439 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in iShares Bitcoin Trust ETF in the second quarter worth $408,082,000. Crcm LP boosted its holdings in iShares Bitcoin Trust ETF by 4.7% in the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock valued at $147,677,000 after acquiring an additional 142,685 shares in the last quarter. Finally, Mint Tower Capital Management B.V. increased its position in iShares Bitcoin Trust ETF by 1,131.5% during the 2nd quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock valued at $174,405,000 after purchasing an additional 2,617,925 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $52.66 on Wednesday. The firm has a fifty day simple moving average of $62.95 and a two-hundred day simple moving average of $62.76. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82.

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.