Cerity Partners LLC lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 160.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,038,059 shares of the company’s stock after acquiring an additional 639,678 shares during the quarter. Cerity Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $63,540,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the stock. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the second quarter valued at $408,082,000. JPMorgan Chase & Co. raised its holdings in iShares Bitcoin Trust ETF by 1,119.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock worth $196,916,000 after buying an additional 2,953,342 shares during the period. BSN CAPITAL PARTNERS Ltd purchased a new stake in iShares Bitcoin Trust ETF during the first quarter valued at about $133,168,000. Mint Tower Capital Management B.V. boosted its holdings in shares of iShares Bitcoin Trust ETF by 1,131.5% in the second quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock worth $174,405,000 after buying an additional 2,617,925 shares during the period. Finally, Harvard Management Co. Inc. acquired a new position in shares of iShares Bitcoin Trust ETF in the second quarter worth about $116,666,000.
iShares Bitcoin Trust ETF Price Performance
iShares Bitcoin Trust ETF stock opened at $50.69 on Monday. iShares Bitcoin Trust ETF has a fifty-two week low of $42.98 and a fifty-two week high of $71.82. The firm’s 50 day simple moving average is $59.28 and its 200-day simple moving average is $62.07.
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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