Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 4.2% during the second quarter, HoldingsChannel.com reports. The fund owned 24,654 shares of the company’s stock after buying an additional 983 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares Bitcoin Trust ETF were worth $1,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also made changes to their positions in IBIT. Goldman Sachs Group Inc. boosted its stake in shares of iShares Bitcoin Trust ETF by 80.3% during the first 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. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the second quarter worth about $408,082,000. BSN CAPITAL PARTNERS Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF during the first quarter worth about $133,168,000. Senator Investment Group LP acquired a new stake in shares of iShares Bitcoin Trust ETF during the first quarter worth about $59,215,000. Finally, Mariner Investment Group LLC acquired a new position in iShares Bitcoin Trust ETF in the 2nd quarter valued at $50,907,000.
iShares Bitcoin Trust ETF Price Performance
Shares of IBIT opened at $60.40 on Friday. The company’s fifty day moving average is $64.49 and its two-hundred day moving average is $62.10. iShares Bitcoin Trust ETF has a 1 year low of $38.17 and a 1 year 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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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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