Rollins Financial Advisors LLC Makes New $251,000 Investment in iShares Bitcoin Trust ETF $IBIT

Rollins Financial Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,097 shares of the company’s stock, valued at approximately $251,000.

A number of other institutional investors also recently modified their holdings of IBIT. Nemes Rush Group LLC increased its position in 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 valued at $121,000 after acquiring an additional 300 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its position in shares of iShares Bitcoin Trust ETF by 158.1% during the first quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock worth $565,000 after purchasing an additional 7,400 shares in the last quarter. Brio Consultants LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the first quarter valued at approximately $5,308,000. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $711,000. Finally, Brown University acquired a new stake in shares of iShares Bitcoin Trust ETF in the first quarter valued at approximately $4,915,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $58.88 on Friday. The company has a 50 day moving average price of $63.97 and a 200 day moving average price of $62.62. iShares Bitcoin Trust ETF has a fifty-two week low of $42.98 and a fifty-two 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.