Clay Northam Wealth Management LLC Has $784,000 Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Clay Northam Wealth Management LLC trimmed its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,805 shares of the company’s stock after selling 180 shares during the quarter. Clay Northam Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Avior Wealth Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 10.7% in the 2nd quarter. Avior Wealth Management LLC now owns 21,013 shares of the company’s stock valued at $1,286,000 after purchasing an additional 2,028 shares during the period. XY Planning Network Inc. acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at about $231,000. Tempus Wealth Planning LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 13.7% in the 2nd quarter. Tempus Wealth Planning LLC now owns 11,201 shares of the company’s stock valued at $686,000 after purchasing an additional 1,351 shares during the period. Signature Resources Capital Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 81.6% in the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares during the period. Finally, Diversified Enterprises LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at about $413,000.

iShares Bitcoin Trust ETF Stock Down 0.3%

IBIT stock opened at $61.94 on Friday. The stock’s 50 day simple moving average is $65.10 and its 200 day simple moving average is $59.14. iShares Bitcoin Trust ETF has a fifty-two week low of $33.47 and a fifty-two week high of $69.89.

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.