OceanIQ Capital LLC Makes New Investment in iShares Bitcoin Trust ETF $IBIT

OceanIQ Capital LLC bought a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 22,715 shares of the company’s stock, valued at approximately $816,000.

Several other institutional investors have also modified their holdings of the stock. McIlrath & Eck LLC grew its stake in shares of iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after buying an additional 163 shares during the period. Vivaldi Capital Management LP raised its position in iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares during the period. Channel Wealth LLC raised its position in iShares Bitcoin Trust ETF by 5.7% in the fourth quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock valued at $213,000 after purchasing an additional 233 shares during the period. TD Waterhouse Canada Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 7,015 shares of the company’s stock valued at $238,000 after purchasing an additional 243 shares during the last quarter. Finally, Retirement Planning Group LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 2.0% during the 1st quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock worth $491,000 after purchasing an additional 245 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $45.23 on Friday. The company’s 50-day moving average price is $38.08 and its 200 day moving average price is $39.44. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82.

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.