Benjamin Edwards Inc. Takes $1.32 Million Position in iShares Bitcoin Trust ETF $IBIT

Benjamin Edwards Inc. purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 20,227 shares of the company’s stock, valued at approximately $1,315,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signature Resources Capital Management LLC grew its position in shares of iShares Bitcoin Trust ETF by 81.6% in the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after acquiring an additional 200 shares in the last quarter. RMG Wealth Management LLC bought a new position in iShares Bitcoin Trust ETF during the second quarter worth $30,000. JFS Wealth Advisors LLC boosted its holdings in iShares Bitcoin Trust ETF by 1,277.1% in the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares during the period. Highline Wealth Partners LLC increased its stake in iShares Bitcoin Trust ETF by 150.0% during the third quarter. Highline Wealth Partners LLC now owns 500 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the last quarter. Finally, Semmax Financial Advisors Inc. raised its holdings in shares of iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $51.87 on Tuesday. iShares Bitcoin Trust ETF has a 1 year low of $42.98 and a 1 year high of $71.82. The firm’s 50-day moving average is $51.89 and its 200-day moving average is $60.26.

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.