Citrine Capital LLC Has $892,000 Stake in iShares Bitcoin Trust ETF $IBIT

Citrine Capital LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 138.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 14,573 shares of the company’s stock after buying an additional 8,454 shares during the quarter. iShares Bitcoin Trust ETF comprises 0.5% of Citrine Capital LLC’s investment portfolio, making the stock its 20th largest position. Citrine Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $892,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IBIT. Nemes Rush Group LLC raised 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 buying an additional 300 shares during the last quarter. Galvin Gaustad & Stein LLC boosted its holdings in iShares Bitcoin Trust ETF by 158.1% during 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 during 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. raised its holdings in shares of iShares Bitcoin Trust ETF by 164.2% in the first 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 last quarter. Finally, Brighton Jones LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at about $711,000.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $65.00 on Wednesday. iShares Bitcoin Trust ETF has a fifty-two week low of $33.47 and a fifty-two week high of $69.89. The firm’s 50-day simple moving average is $65.02 and its 200 day simple moving average is $59.39.

iShares Bitcoin Trust ETF 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.