NEOS Investment Management LLC lifted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 55.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 5,424,563 shares of the company’s stock after acquiring an additional 1,933,888 shares during the period. iShares Bitcoin Trust ETF accounts for 0.7% of NEOS Investment Management LLC’s portfolio, making the stock its 26th biggest holding. NEOS Investment Management LLC owned about 0.42% of iShares Bitcoin Trust ETF worth $180,584,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. McIlrath & Eck LLC lifted its position in iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares during the last quarter. Vivaldi Capital Management LP grew its position in iShares Bitcoin Trust ETF by 3.3% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares during the last quarter. Channel Wealth LLC increased its stake in shares of iShares Bitcoin Trust ETF by 5.7% in the fourth quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock valued at $213,000 after purchasing an additional 233 shares during the period. Retirement Planning Group LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 2.0% during the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after buying an additional 245 shares during the last quarter. Finally, Investment Partners LTD. raised its holdings in shares of iShares Bitcoin Trust ETF by 0.6% during the fourth quarter. Investment Partners LTD. now owns 42,162 shares of the company’s stock valued at $2,093,000 after buying an additional 250 shares during the last quarter.
iShares Bitcoin Trust ETF Trading Up 5.8%
Shares of NASDAQ IBIT opened at $46.35 on Friday. The stock has a 50 day simple moving average of $37.85 and a 200-day simple moving average of $39.40. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month 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.
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