Main Street Research LLC lifted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 9.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 196,085 shares of the company’s stock after buying an additional 16,545 shares during the period. Main Street Research LLC’s holdings in iShares Bitcoin Trust ETF were worth $7,534,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. McIlrath & Eck LLC boosted its stake in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after acquiring an additional 163 shares in the last quarter. Vivaldi Capital Management LP increased its position in shares of iShares Bitcoin Trust ETF by 3.3% during the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares in the last quarter. Gilbert & Cook Inc. lifted its holdings in shares of iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after purchasing an additional 196 shares during the last quarter. McLean Asset Management Corp lifted its holdings in shares of iShares Bitcoin Trust ETF by 4.2% in the 4th quarter. McLean Asset Management Corp now owns 5,012 shares of the company’s stock valued at $249,000 after purchasing an additional 200 shares during the last quarter. Finally, GoalVest Advisory LLC boosted its position in shares of iShares Bitcoin Trust ETF by 21.8% in the 4th quarter. GoalVest Advisory LLC now owns 1,146 shares of the company’s stock valued at $57,000 after purchasing an additional 205 shares during the period.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ:IBIT opened at $35.81 on Friday. The stock’s 50 day moving average price is $39.27 and its 200 day moving average price is $42.11. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week high of $71.82.
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.
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