Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the second quarter, Holdings Channel reports. The firm bought 6,521 shares of the company’s stock, valued at approximately $399,000.
Other large investors have also recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC boosted its position in iShares Bitcoin Trust ETF by 81.6% during the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after purchasing an additional 200 shares during the period. RMG Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the second quarter worth approximately $30,000. JFS Wealth Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 1,277.1% during the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock worth $30,000 after buying an additional 447 shares during the last quarter. American Capital Advisory LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 144.7% during the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock worth $26,000 after buying an additional 327 shares during the last quarter. Finally, Berbice Capital Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 100.0% during the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after buying an additional 300 shares during the last quarter.
iShares Bitcoin Trust ETF Trading Down 3.6%
Shares of IBIT stock opened at $61.21 on Thursday. iShares Bitcoin Trust ETF has a 12 month low of $37.09 and a 12 month high of $71.82. The stock has a 50 day moving average of $64.77 and a 200-day moving average of $61.25.
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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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