CAP Partners LLC Purchases Shares of 5,516 iShares Bitcoin Trust (NASDAQ:IBIT)

CAP Partners LLC purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,516 shares of the company’s stock, valued at approximately $223,000.

Other large investors also recently bought and sold shares of the company. Sound Income Strategies LLC purchased a new position in shares of iShares Bitcoin Trust during the 1st quarter valued at approximately $30,000. Salem Investment Counselors Inc. acquired a new position in iShares Bitcoin Trust in the 1st quarter valued at $41,000. AlphaMark Advisors LLC acquired a new position in iShares Bitcoin Trust in the 1st quarter valued at $103,000. Pettinga Financial Advisors LLC acquired a new position in iShares Bitcoin Trust in the 1st quarter valued at $204,000. Finally, Financial Security Advisor Inc. acquired a new position in iShares Bitcoin Trust in the 1st quarter valued at $207,000.

iShares Bitcoin Trust Stock Performance

NASDAQ IBIT traded down $0.78 during mid-day trading on Tuesday, hitting $35.22. The stock had a trading volume of 13,645,010 shares, compared to its average volume of 32,123,910. The stock’s 50 day moving average is $37.08. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $41.99.

iShares Bitcoin Trust 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.