Wealthcare Advisory Partners LLC Grows Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Wealthcare Advisory Partners LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 66.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,063 shares of the company’s stock after buying an additional 22,381 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,432,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. American Capital Advisory LLC increased its stake in iShares Bitcoin Trust ETF by 144.7% in the 1st quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares in the last quarter. Signature Resources Capital Management LLC increased its position 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. Mather Group LLC. increased its position in shares of iShares Bitcoin Trust ETF by 164.2% in the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after buying an additional 376 shares in the last quarter. Berbice Capital Management LLC raised its stake in shares of iShares Bitcoin Trust ETF by 100.0% during the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after buying an additional 300 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 1st quarter worth about $30,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $69.81 on Monday. The company’s 50-day moving average price is $65.10 and its 200 day moving average price is $59.91. iShares Bitcoin Trust ETF has a 52 week low of $33.47 and a 52 week high of $70.53.

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.