iShares Bitcoin Trust ETF $IBIT is Strong Tower Advisory Services’ 7th Largest Position

Strong Tower Advisory Services lessened its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 288,111 shares of the company’s stock after selling 1,749 shares during the period. iShares Bitcoin Trust ETF comprises approximately 3.5% of Strong Tower Advisory Services’ investment portfolio, making the stock its 7th biggest position. Strong Tower Advisory Services’ holdings in iShares Bitcoin Trust ETF were worth $17,635,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Goldman Sachs Group Inc. boosted its position in shares of 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 valued at $1,443,239,000 after buying an additional 13,731,993 shares during the period. Mubadala Investment Co PJSC boosted its holdings in shares of iShares Bitcoin Trust ETF by 6.0% in the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock valued at $408,510,000 after purchasing an additional 491,439 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the second quarter valued at approximately $408,082,000. Crcm LP boosted its holdings in shares of iShares Bitcoin Trust ETF by 4.7% in the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock valued at $147,677,000 after purchasing an additional 142,685 shares during the period. Finally, BSN CAPITAL PARTNERS Ltd purchased a new stake in shares of iShares Bitcoin Trust ETF in the first quarter valued at approximately $133,168,000.

iShares Bitcoin Trust ETF Trading Down 3.7%

Shares of NASDAQ IBIT opened at $66.20 on Friday. The stock has a 50 day moving average price of $65.39 and a 200 day moving average price of $60.44. iShares Bitcoin Trust ETF has a 52-week low of $34.94 and a 52-week high of $71.82.

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.