Dunhill Financial LLC Takes $123,000 Position in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Dunhill Financial LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,629 shares of the company’s stock, valued at approximately $123,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. SouthState Corp boosted its position in iShares Bitcoin Trust ETF by 5.5% during the fourth quarter. SouthState Corp now owns 4,411 shares of the company’s stock valued at $234,000 after acquiring an additional 230 shares during the last quarter. City Holding Co. raised its position in shares of iShares Bitcoin Trust ETF by 47.1% in the 1st quarter. City Holding Co. now owns 718 shares of the company’s stock worth $34,000 after acquiring an additional 230 shares in the last quarter. Mosley Wealth Management lifted its stake in shares of iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock valued at $496,000 after purchasing an additional 231 shares during the period. Ballew Advisors Inc grew its stake in iShares Bitcoin Trust ETF by 4.1% during the first quarter. Ballew Advisors Inc now owns 6,641 shares of the company’s stock worth $317,000 after purchasing an additional 261 shares during the period. Finally, Partners Wealth Management LLC grew its position in shares of iShares Bitcoin Trust ETF by 6.7% during the 1st quarter. Partners Wealth Management LLC now owns 4,284 shares of the company’s stock worth $201,000 after buying an additional 269 shares during the period.

iShares Bitcoin Trust ETF Stock Down 3.7%

IBIT opened at $59.50 on Wednesday. The company has a fifty day moving average price of $56.47 and a two-hundred day moving average price of $54.31. iShares Bitcoin Trust ETF has a 1-year low of $28.23 and a 1-year high of $63.70.

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.