Bruce G. Allen Investments LLC Buys 758 Shares of iShares Bitcoin Trust ETF $IBIT

Bruce G. Allen Investments LLC grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 59.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,030 shares of the company’s stock after purchasing an additional 758 shares during the period. Bruce G. Allen Investments LLC’s holdings in iShares Bitcoin Trust ETF were worth $124,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in iShares Bitcoin Trust ETF by 80.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after buying an additional 13,731,993 shares in the last quarter. BSN CAPITAL PARTNERS Ltd acquired a new stake in iShares Bitcoin Trust ETF in the first quarter valued at approximately $133,168,000. Senator Investment Group LP bought a new stake in shares of iShares Bitcoin Trust ETF during the first quarter valued at approximately $59,215,000. Allen Operations LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the first quarter worth approximately $31,372,000. Finally, New Vernon Capital Holdings II LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the first quarter worth approximately $25,004,000.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $66.37 on Wednesday. The company has a fifty day simple moving average of $65.47 and a 200 day simple moving average of $58.28. iShares Bitcoin Trust ETF has a 12-month low of $33.47 and a 12-month high of $69.89.

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.