Barrett & Company Inc. grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 7.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,955 shares of the company’s stock after acquiring an additional 200 shares during the period. Barrett & Company Inc.’s holdings in iShares Bitcoin Trust ETF were worth $138,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. SouthState Corp grew its stake in iShares Bitcoin Trust ETF by 5.5% in the 4th 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 iShares Bitcoin Trust ETF by 47.1% during the first quarter. City Holding Co. now owns 718 shares of the company’s stock worth $34,000 after acquiring an additional 230 shares during the last quarter. Mosley Wealth Management lifted its holdings in shares of iShares Bitcoin Trust ETF by 2.5% in the fourth quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock valued at $496,000 after purchasing an additional 231 shares in the last quarter. Ballew Advisors Inc grew its position in shares of iShares Bitcoin Trust ETF by 4.1% in the first quarter. Ballew Advisors Inc now owns 6,641 shares of the company’s stock valued at $317,000 after purchasing an additional 261 shares during the last quarter. Finally, Partners Wealth Management LLC grew its position in shares of iShares Bitcoin Trust ETF by 6.7% in the first quarter. Partners Wealth Management LLC now owns 4,284 shares of the company’s stock valued at $201,000 after purchasing an additional 269 shares during the last quarter.
iShares Bitcoin Trust ETF Stock Performance
Shares of iShares Bitcoin Trust ETF stock opened at $59.50 on Wednesday. iShares Bitcoin Trust ETF has a 1 year low of $28.23 and a 1 year high of $63.70. The business has a 50 day moving average price of $56.47 and a 200 day moving average price of $54.31.
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.
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