Leo Wealth LLC Buys 4,599 Shares of iShares Bitcoin Trust ETF $IBIT

Leo Wealth LLC grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 29.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 20,177 shares of the company’s stock after acquiring an additional 4,599 shares during the quarter. Leo Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,235,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. American Capital Advisory LLC lifted its position in shares of iShares Bitcoin Trust ETF by 144.7% during the 1st quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock worth $26,000 after buying an additional 327 shares during the last quarter. Signature Resources Capital Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 81.6% during the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after buying an additional 200 shares during the last quarter. Mather Group LLC. lifted its position 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 buying an additional 376 shares during the last quarter. Berbice Capital Management LLC lifted its position 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 bought a new stake in shares of iShares Bitcoin Trust ETF during the 1st quarter worth $30,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $68.74 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $33.47 and a twelve month high of $71.82. The business has a fifty day simple moving average of $65.35 and a 200 day simple moving average of $60.33.

iShares Bitcoin Trust ETF 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.