Silicon Valley Capital Partners Buys 2,000 Shares of iShares Bitcoin Trust ETF $IBIT

Silicon Valley Capital Partners boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,606 shares of the company’s stock after purchasing an additional 2,000 shares during the period. Silicon Valley Capital Partners’ holdings in iShares Bitcoin Trust ETF were worth $314,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. American Capital Advisory LLC increased its position in shares of iShares Bitcoin Trust ETF by 144.7% during the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after buying an additional 327 shares during the period. Mather Group LLC. grew its holdings in shares of iShares Bitcoin Trust ETF by 164.2% during the 1st quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after acquiring an additional 376 shares during the period. Berbice Capital Management LLC raised its position in shares of iShares Bitcoin Trust ETF by 100.0% in the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after acquiring an additional 300 shares in the last quarter. Smallwood Wealth Investment Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 1st quarter valued at approximately $30,000. Finally, TD Capital Management LLC boosted its position in shares of iShares Bitcoin Trust ETF by 48.9% during the first quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after purchasing an additional 209 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Up 2.1%

IBIT opened at $64.53 on Thursday. The stock has a fifty day simple moving average of $65.16 and a two-hundred day simple moving average of $57.76. iShares Bitcoin Trust ETF has a 12-month low of $31.58 and a 12-month high of $69.89.

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.