LexAurum Advisors LLC Raises Position in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

LexAurum Advisors LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 18.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,987 shares of the company’s stock after acquiring an additional 2,836 shares during the quarter. LexAurum Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Vision Financial Markets LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $25,000. Beacon Capital Management LLC bought a new position in iShares Bitcoin Trust ETF in the 4th quarter worth $28,000. Whittier Trust Co. of Nevada Inc. bought a new position in iShares Bitcoin Trust ETF in the 4th quarter worth $28,000. Graney & King LLC bought a new position in iShares Bitcoin Trust ETF in the 4th quarter worth $31,000. Finally, New England Capital Financial Advisors LLC bought a new position in iShares Bitcoin Trust ETF in the 4th quarter worth $32,000.

iShares Bitcoin Trust ETF Stock Up 2.4%

Shares of iShares Bitcoin Trust ETF stock opened at $59.26 on Friday. The company has a fifty day moving average of $54.36 and a 200 day moving average of $54.01. iShares Bitcoin Trust ETF has a fifty-two week low of $28.23 and a fifty-two week high of $63.70.

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.