VCI Wealth Management LLC Increases Holdings in iShares Bitcoin Trust ETF $IBIT

VCI Wealth Management LLC grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 123,714 shares of the company’s stock after purchasing an additional 7,443 shares during the period. iShares Bitcoin Trust ETF accounts for 2.7% of VCI Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. VCI Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $7,573,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. American Capital Advisory LLC boosted its holdings in iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares during the last quarter. Signature Resources Capital Management LLC lifted its position in 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 valued at $27,000 after purchasing an additional 200 shares during the period. Mather Group LLC. boosted its stake in shares of iShares Bitcoin Trust ETF by 164.2% in the 1st quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after purchasing an additional 376 shares during the last quarter. Berbice Capital Management LLC grew 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 period. Finally, Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the 1st quarter worth approximately $30,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $62.93 on Tuesday. iShares Bitcoin Trust ETF has a fifty-two week low of $37.09 and a fifty-two week high of $71.82. The company’s 50 day simple moving average is $65.03 and its 200 day simple moving average is $61.24.

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.