HB Wealth Management LLC increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 26.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,384 shares of the company’s stock after purchasing an additional 11,337 shares during the period. HB Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,329,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in IBIT. Goldman Sachs Group Inc. grew its stake in iShares Bitcoin Trust ETF by 80.3% during the first quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock worth $1,443,239,000 after purchasing an additional 13,731,993 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in iShares Bitcoin Trust ETF during the second quarter worth approximately $408,082,000. BSN CAPITAL PARTNERS Ltd acquired a new stake in iShares Bitcoin Trust ETF during the first quarter worth approximately $133,168,000. Senator Investment Group LP bought a new position in iShares Bitcoin Trust ETF in the first quarter worth approximately $59,215,000. Finally, Mariner Investment Group LLC acquired a new stake in iShares Bitcoin Trust ETF in the second quarter valued at approximately $50,907,000.
iShares Bitcoin Trust ETF Price Performance
Shares of iShares Bitcoin Trust ETF stock opened at $66.74 on Thursday. iShares Bitcoin Trust ETF has a 52 week low of $33.47 and a 52 week high of $69.89. The stock has a 50 day moving average price of $65.00 and a two-hundred day moving average price of $59.44.
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.
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