International Assets Investment Management LLC Takes $1.06 Million Position in iShares Bitcoin Trust ETF $IBIT

International Assets Investment Management LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,321 shares of the company’s stock, valued at approximately $1,060,000.

Several other hedge funds have also modified their holdings of the stock. American Capital Advisory LLC raised its stake in iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after buying an additional 327 shares in the last quarter. Signature Resources Capital Management LLC raised its stake in iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after buying an additional 200 shares in the last quarter. Mather Group LLC. raised its stake in iShares Bitcoin Trust ETF by 164.2% in the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after buying an additional 376 shares in the last quarter. Berbice Capital Management LLC raised its stake in iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after buying an additional 300 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new stake in iShares Bitcoin Trust ETF in the first quarter valued at $30,000.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $60.47 on Monday. The stock’s fifty day moving average is $65.12 and its two-hundred day moving average is $61.13. iShares Bitcoin Trust ETF has a 1-year low of $37.09 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.