Schrum Private Wealth Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 8.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,707 shares of the company’s stock after purchasing an additional 424 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $349,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Optas LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the second quarter valued at about $261,000. Clear Creek Financial Management LLC increased its position in shares of iShares Bitcoin Trust ETF by 52.4% during the second quarter. Clear Creek Financial Management LLC now owns 18,321 shares of the company’s stock valued at $1,121,000 after buying an additional 6,299 shares during the period. Narwhal Capital Management purchased a new position in shares of iShares Bitcoin Trust ETF during the second quarter valued at about $294,000. Ignite Planners LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the second quarter valued at about $331,000. Finally, Detalus Advisors LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the second quarter valued at about $245,000.
iShares Bitcoin Trust ETF Trading Up 1.3%
Shares of NASDAQ IBIT opened at $70.06 on Thursday. iShares Bitcoin Trust ETF has a 1 year low of $33.47 and a 1 year high of $71.82. The company’s 50-day moving average is $65.30 and its 200 day moving average is $60.20.
iShares Bitcoin Trust ETF Company 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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