Broadhurst Jeffrey B Makes New $702,000 Investment in iShares Bitcoin Trust ETF $IBIT

Broadhurst Jeffrey B purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the first quarter, Holdings Channel.com reports. The firm purchased 18,268 shares of the company’s stock, valued at approximately $702,000. iShares Bitcoin Trust ETF accounts for approximately 0.7% of Broadhurst Jeffrey B’s holdings, making the stock its 27th largest holding.

Several other institutional investors have also made changes to their positions in the company. Semmax Financial Advisors Inc. increased its holdings in iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after buying an additional 284 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its stake in iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. Sfam LLC bought a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth approximately $26,000. Key Capital Management INC bought a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth approximately $26,000. Finally, Vermillion & White Wealth Management Group LLC increased its stake in shares of iShares Bitcoin Trust ETF by 637.5% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after purchasing an additional 459 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $36.35 on Friday. The firm’s fifty day simple moving average is $37.37 and its 200-day simple moving average is $41.15. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $71.82.

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.