Orland Properties Ltd Has $1.84 Million Position in iShares Bitcoin Trust ETF $IBIT

Orland Properties Ltd raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 511.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,825 shares of the company’s stock after buying an additional 40,000 shares during the period. iShares Bitcoin Trust ETF comprises 0.7% of Orland Properties Ltd’s portfolio, making the stock its 7th largest holding. Orland Properties Ltd’s holdings in iShares Bitcoin Trust ETF were worth $1,837,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Quadrant Private Wealth Management LLC grew its position in shares of iShares Bitcoin Trust ETF by 68.2% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 28,579 shares of the company’s stock valued at $1,098,000 after acquiring an additional 11,584 shares during the period. Bartlett & CO. Wealth Management LLC raised its holdings in iShares Bitcoin Trust ETF by 109.6% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 2,295 shares of the company’s stock worth $88,000 after purchasing an additional 1,200 shares during the period. Zhang Financial LLC lifted its position in iShares Bitcoin Trust ETF by 1.6% during the first quarter. Zhang Financial LLC now owns 332,302 shares of the company’s stock valued at $12,767,000 after purchasing an additional 5,149 shares in the last quarter. Centennial Bank AR purchased a new position in iShares Bitcoin Trust ETF during the first quarter valued at $1,058,000. Finally, Simon Quick Advisors LLC grew its holdings in iShares Bitcoin Trust ETF by 8.6% during the first quarter. Simon Quick Advisors LLC now owns 44,484 shares of the company’s stock valued at $1,709,000 after purchasing an additional 3,514 shares during the period.

iShares Bitcoin Trust ETF Price Performance

NASDAQ:IBIT opened at $36.35 on Friday. The stock has a 50-day simple moving average of $38.24 and a two-hundred day simple moving average of $41.60. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week 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.