Capital Advisors Inc. OK Raises Stock Position in iShares Bitcoin Trust ETF $IBIT

Capital Advisors Inc. OK boosted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 176.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 24,897 shares of the company’s stock after purchasing an additional 15,893 shares during the quarter. Capital Advisors Inc. OK’s holdings in iShares Bitcoin Trust ETF were worth $1,524,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Goldman Sachs Group Inc. increased its stake in iShares Bitcoin Trust ETF by 80.3% in the 1st 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 in the last quarter. Mubadala Investment Co PJSC grew its position in shares of iShares Bitcoin Trust ETF by 6.0% during the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock valued at $408,510,000 after purchasing an additional 491,439 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the second quarter valued at about $408,082,000. Crcm LP grew its position in shares of iShares Bitcoin Trust ETF by 4.7% during the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock valued at $147,677,000 after purchasing an additional 142,685 shares in the last quarter. Finally, BSN CAPITAL PARTNERS Ltd purchased a new position in shares of iShares Bitcoin Trust ETF during the first quarter valued at about $133,168,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $69.81 on Monday. The business has a 50-day moving average price of $65.10 and a 200-day moving average price of $59.91. iShares Bitcoin Trust ETF has a twelve month low of $33.47 and a twelve month high of $70.53.

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.