Nvwm LLC Increases Holdings in iShares Bitcoin Trust ETF $IBIT

Nvwm LLC grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 10,945.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 20,434 shares of the company’s stock after purchasing an additional 20,249 shares during the period. Nvwm LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,251,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IBIT. Signature Resources Capital Management LLC grew its stake in shares of iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after buying an additional 200 shares in the last quarter. Berbice Capital Management LLC increased its stake in iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the last quarter. TD Capital Management LLC raised its stake in iShares Bitcoin Trust ETF by 48.9% during the 1st quarter. TD Capital Management LLC now owns 636 shares of the company’s stock worth $30,000 after acquiring an additional 209 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at $30,000. Finally, JFS Wealth Advisors LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 1,277.1% during the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock worth $30,000 after buying an additional 447 shares during the period.

iShares Bitcoin Trust ETF Stock Down 2.8%

Shares of NASDAQ IBIT opened at $57.26 on Friday. The stock has a fifty day moving average price of $64.02 and a 200 day moving average price of $62.48. iShares Bitcoin Trust ETF has a 1-year low of $42.47 and a 1-year high of $71.82.

About iShares Bitcoin Trust ETF

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.