CORDA Investment Management LLC. Takes Position in iShares Bitcoin Trust ETF $IBIT

CORDA Investment Management LLC. bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 22,853 shares of the company’s stock, valued at approximately $1,399,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. American Capital Advisory LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 144.7% in the 1st quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the period. Signature Resources Capital Management LLC raised its holdings 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. Mather Group LLC. raised its holdings in shares of iShares Bitcoin Trust ETF by 164.2% in the 1st quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after purchasing an additional 376 shares during the period. Berbice Capital Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 100.0% in the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the period. Finally, Smallwood Wealth Investment Management LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 1st quarter valued at about $30,000.

iShares Bitcoin Trust ETF Stock Down 1.6%

Shares of IBIT stock opened at $60.47 on Monday. The firm’s 50-day moving average is $65.12 and its 200-day moving average is $61.13. iShares Bitcoin Trust ETF has a 52-week low of $37.09 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.