Cambridge Associates LLC MA ADV Has $1.13 Million Stock Position in iShares Bitcoin Trust ETF $IBIT

Cambridge Associates LLC MA ADV raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 135.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,497 shares of the company’s stock after buying an additional 16,966 shares during the quarter. Cambridge Associates LLC MA ADV’s holdings in iShares Bitcoin Trust ETF were worth $1,133,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Marshall & Sterling Wealth Advisors Inc. raised its holdings in shares of iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the period. Key Capital Management INC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter worth $26,000. Vermillion & White Wealth Management Group LLC boosted its stake in iShares Bitcoin Trust ETF by 637.5% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after purchasing an additional 459 shares during the period. Sfam LLC bought a new position in iShares Bitcoin Trust ETF during the 4th quarter worth about $26,000. Finally, Semmax Financial Advisors Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 135.9% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $37.34 on Thursday. The stock’s 50-day moving average is $37.73 and its 200-day moving average is $41.28. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year 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.