iShares Bitcoin Trust ETF $IBIT Stock Position Raised by Investment Partners LTD.

Investment Partners LTD. boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 89.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,447 shares of the company’s stock after acquiring an additional 17,728 shares during the quarter. Investment Partners LTD.’s holdings in iShares Bitcoin Trust ETF were worth $2,292,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Evermay Wealth Management LLC increased its position in iShares Bitcoin Trust ETF by 15.8% during the second quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock worth $67,000 after buying an additional 150 shares during the last quarter. Osterweis Capital Management Inc. grew its holdings in iShares Bitcoin Trust ETF by 10.8% during the first quarter. Osterweis Capital Management Inc. now owns 1,817 shares of the company’s stock valued at $85,000 after purchasing an additional 177 shares during the last quarter. Philadelphia Trust Co. raised its position in shares of iShares Bitcoin Trust ETF by 1.5% in the first quarter. Philadelphia Trust Co. now owns 11,891 shares of the company’s stock valued at $557,000 after purchasing an additional 180 shares during the period. GSG Advisors LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 2.4% in the second quarter. GSG Advisors LLC now owns 7,576 shares of the company’s stock worth $464,000 after buying an additional 180 shares during the last quarter. Finally, Eagle Bay Advisors LLC grew its stake in iShares Bitcoin Trust ETF by 3.9% in the 2nd quarter. Eagle Bay Advisors LLC now owns 4,979 shares of the company’s stock valued at $305,000 after buying an additional 187 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $58.05 on Thursday. The stock has a 50-day simple moving average of $63.73 and a 200 day simple moving average of $62.73. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month 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.