Evercore Wealth Management LLC lifted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 23.4% during the 1st quarter, HoldingsChannel reports. The firm owned 150,831 shares of the company’s stock after acquiring an additional 28,579 shares during the period. Evercore Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,795,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in IBIT. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at $711,000. Bison Wealth LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $3,140,000. Royal Bank of Canada increased its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after acquiring an additional 2,148 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of iShares Bitcoin Trust ETF by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after acquiring an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $357,000.
iShares Bitcoin Trust ETF Price Performance
Shares of NASDAQ IBIT opened at $36.77 on Tuesday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The firm has a 50-day moving average of $37.23 and a 200 day moving average of $40.95.
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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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