3,760 Shares in iShares Bitcoin Trust ETF $IBIT Acquired by Duncan Williams Asset Management LLC

Duncan Williams Asset Management LLC purchased a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,760 shares of the company’s stock, valued at approximately $230,000.

Other large investors have also recently modified their holdings of the company. Nemes Rush Group LLC increased its holdings in iShares Bitcoin Trust ETF by 13.1% in the first quarter. Nemes Rush Group LLC now owns 2,582 shares of the company’s stock valued at $121,000 after purchasing an additional 300 shares during the period. Galvin Gaustad & Stein LLC grew its position in shares of iShares Bitcoin Trust ETF by 158.1% in the 1st quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock valued at $565,000 after buying an additional 7,400 shares during the last quarter. Brio Consultants LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the first quarter valued at about $5,308,000. Mather Group LLC. raised its position in shares of iShares Bitcoin Trust ETF by 164.2% during the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after acquiring an additional 376 shares during the last quarter. Finally, Brighton Jones LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter worth approximately $711,000.

iShares Bitcoin Trust ETF Price Performance

NASDAQ:IBIT opened at $71.29 on Tuesday. iShares Bitcoin Trust ETF has a fifty-two week low of $33.47 and a fifty-two week high of $71.82. The company has a 50 day simple moving average of $65.18 and a two-hundred day simple moving average of $60.07.

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.