Almanack Investment Partners LLC. Purchases 10,540 Shares of iShares Bitcoin Trust ETF $IBIT

Almanack Investment Partners LLC. raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 67.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,111 shares of the company’s stock after purchasing an additional 10,540 shares during the quarter. Almanack Investment Partners LLC.’s holdings in iShares Bitcoin Trust ETF were worth $1,598,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its position in iShares Bitcoin Trust ETF by 80.3% in the first quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after purchasing an additional 13,731,993 shares during the last quarter. Mubadala Investment Co PJSC raised its position in iShares Bitcoin Trust ETF by 6.0% in the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock valued at $408,510,000 after purchasing an additional 491,439 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in iShares Bitcoin Trust ETF in the second quarter valued at about $408,082,000. Crcm LP raised its position in iShares Bitcoin Trust ETF by 4.7% in the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock valued at $147,677,000 after purchasing an additional 142,685 shares during the last quarter. Finally, BSN CAPITAL PARTNERS Ltd bought a new position in iShares Bitcoin Trust ETF in the first quarter valued at about $133,168,000.

iShares Bitcoin Trust ETF Trading Down 3.7%

iShares Bitcoin Trust ETF stock opened at $66.20 on Monday. iShares Bitcoin Trust ETF has a 12 month low of $34.94 and a 12 month high of $71.82. The stock has a 50-day moving average price of $65.39 and a two-hundred day moving average price of $60.60.

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.