Broussard Financial Group LLC Acquires 29,588 Shares of iShares Bitcoin Trust ETF $IBIT

Broussard Financial Group LLC increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 72.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,478 shares of the company’s stock after purchasing an additional 29,588 shares during the period. iShares Bitcoin Trust ETF makes up 2.2% of Broussard Financial Group LLC’s portfolio, making the stock its 13th biggest position. Broussard Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,708,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. McIlrath & Eck LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 30.3% in the second 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 holdings in shares of iShares Bitcoin Trust ETF by 3.3% during the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after acquiring an additional 163 shares during the period. Gilbert & Cook Inc. lifted its position in iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after acquiring an additional 196 shares in the last quarter. McLean Asset Management Corp lifted its position in iShares Bitcoin Trust ETF by 4.2% in the 4th quarter. McLean Asset Management Corp now owns 5,012 shares of the company’s stock valued at $249,000 after acquiring an additional 200 shares in the last quarter. Finally, GoalVest Advisory LLC boosted its stake in iShares Bitcoin Trust ETF by 21.8% in the 4th quarter. GoalVest Advisory LLC now owns 1,146 shares of the company’s stock worth $57,000 after purchasing an additional 205 shares during the period.

iShares Bitcoin Trust ETF Stock Up 0.1%

IBIT stock opened at $36.15 on Wednesday. The business has a 50-day moving average of $39.59 and a 200-day moving average of $42.30. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $71.82.

About iShares Bitcoin Trust ETF

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.