Sacks & Associates LLC purchased a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 19,073 shares of the company’s stock, valued at approximately $680,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. increased its stake in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Key Capital Management INC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $26,000. Sfam LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $26,000. Vermillion & White Wealth Management Group LLC grew its holdings 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 period. Finally, Allied Private Wealth LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth $28,000.
iShares Bitcoin Trust ETF Price Performance
Shares of NASDAQ:IBIT opened at $35.63 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82. The business has a 50-day moving average price of $35.88 and a 200 day moving average price of $39.45.
iShares Bitcoin Trust ETF 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.
Featured Articles
- Five stocks we like better than iShares Bitcoin Trust ETF
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
Receive News & Ratings for iShares Bitcoin Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
