Salomon & Ludwin LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 682.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,043 shares of the company’s stock after acquiring an additional 7,015 shares during the quarter. Salomon & Ludwin LLC’s holdings in iShares Bitcoin Trust ETF were worth $502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also modified their holdings of IBIT. Goldman Sachs Group Inc. boosted its stake in shares of 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 worth $1,443,239,000 after acquiring an additional 13,731,993 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth $408,082,000. BSN CAPITAL PARTNERS Ltd purchased a new position in shares of iShares Bitcoin Trust ETF during the 1st quarter worth $133,168,000. Senator Investment Group LP purchased a new position in shares of iShares Bitcoin Trust ETF during the 1st quarter worth $59,215,000. Finally, Mariner Investment Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at $50,907,000.
iShares Bitcoin Trust ETF Stock Performance
Shares of IBIT stock opened at $60.47 on Friday. iShares Bitcoin Trust ETF has a one year low of $37.09 and a one year high of $71.82. The company’s fifty day moving average price is $65.12 and its 200-day moving average price is $61.03.
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.
Further Reading
- Five stocks we like better than iShares Bitcoin Trust ETF
- How to Use the MarketBeat Dividend Calculator
- Johnson & Johnson’s M&A Strategy Is the Real Story for Investors
- How to Most Effectively Use the MarketBeat Earnings Screener
- Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?
- Where Do I Find 52-Week Highs and Lows?
- Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?
Receive News & Ratings for iShares Bitcoin Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
