IvyRock Asset Management HK Ltd raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 48.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 246,400 shares of the company’s stock after buying an additional 80,000 shares during the period. iShares Bitcoin Trust ETF comprises 4.6% of IvyRock Asset Management HK Ltd’s investment portfolio, making the stock its 5th biggest position. IvyRock Asset Management HK Ltd’s holdings in iShares Bitcoin Trust ETF were worth $8,203,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Marshall & Sterling Wealth Advisors Inc. boosted its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares in the last quarter. Key Capital Management INC purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at about $26,000. Vermillion & White Wealth Management Group LLC increased its stake in shares of iShares Bitcoin Trust ETF by 637.5% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares in the last quarter. Sfam LLC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter worth about $26,000. Finally, Allied Private Wealth LLC acquired a new position in iShares Bitcoin Trust ETF in the 2nd quarter worth about $28,000.
iShares Bitcoin Trust ETF Trading Down 0.7%
Shares of IBIT stock opened at $35.63 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82. The business’s 50 day moving average is $35.88 and its two-hundred day moving average is $39.45.
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.
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