Hutchens & Kramer Investment Management Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the second quarter, Holdings Channel reports. The firm purchased 10,776 shares of the company’s stock, valued at approximately $645,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Nemes Rush Group LLC grew its stake in shares of iShares Bitcoin Trust ETF by 13.1% in the 1st quarter. Nemes Rush Group LLC now owns 2,582 shares of the company’s stock worth $121,000 after acquiring an additional 300 shares in the last quarter. Galvin Gaustad & Stein LLC grew its stake in shares of iShares Bitcoin Trust ETF by 158.1% in the 1st quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock worth $565,000 after acquiring an additional 7,400 shares in the last quarter. Brio Consultants LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 1st quarter worth $5,308,000. Mather Group LLC. grew its stake 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 worth $28,000 after acquiring an additional 376 shares in the last quarter. Finally, Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth $711,000.
iShares Bitcoin Trust ETF Trading Up 3.1%
NASDAQ IBIT opened at $62.30 on Monday. iShares Bitcoin Trust ETF has a 1 year low of $38.17 and a 1 year high of $71.82. The company has a fifty day moving average price of $64.41 and a 200-day moving average price of $62.39.
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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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