17,150 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Crystal Rock Capital Management

Crystal Rock Capital Management purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 17,150 shares of the company’s stock, valued at approximately $1,115,000. iShares Bitcoin Trust ETF accounts for about 0.6% of Crystal Rock Capital Management’s portfolio, making the stock its 29th biggest holding.

A number of other hedge funds have also modified their holdings of IBIT. Sachetta LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 793.0% during the third quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares during the period. JFS Wealth Advisors LLC raised its position in iShares Bitcoin Trust ETF by 1,277.1% during the 2nd 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. Roble Belko & Company Inc lifted its stake in iShares Bitcoin Trust ETF by 77.2% during the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares during the period. Highline Wealth Partners LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 150.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after acquiring an additional 300 shares during the last quarter. Finally, Semmax Financial Advisors Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $39.68 on Monday. The firm has a fifty day moving average price of $49.93 and a 200 day moving average price of $58.15. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82.

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.