Principia Wealth Advisory LLC Raises Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Principia Wealth Advisory LLC boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 388.9% in the second quarter, HoldingsChannel.com reports. The fund owned 59,798 shares of the company’s stock after acquiring an additional 47,567 shares during the quarter. iShares Bitcoin Trust ETF comprises about 0.4% of Principia Wealth Advisory LLC’s portfolio, making the stock its 28th largest holding. Principia Wealth Advisory LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,992,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. McIlrath & Eck LLC boosted its position in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after buying an additional 163 shares during the last quarter. Vivaldi Capital Management LP raised its position in iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after buying an additional 163 shares during the last quarter. Channel Wealth LLC raised its position in iShares Bitcoin Trust ETF by 5.7% during the 4th quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock worth $213,000 after buying an additional 233 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in iShares Bitcoin Trust ETF by 3.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock valued at $238,000 after acquiring an additional 243 shares during the period. Finally, Retirement Planning Group LLC lifted its stake in iShares Bitcoin Trust ETF by 2.0% during the 1st quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after acquiring an additional 245 shares during the period.

iShares Bitcoin Trust ETF Price Performance

IBIT stock opened at $45.23 on Monday. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82. The firm’s fifty day simple moving average is $38.08 and its 200-day simple moving average is $39.44.

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.