Bull Harbor Capital LLC Takes Position in iShares Bitcoin Trust ETF $IBIT

Bull Harbor Capital LLC acquired a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 29,148 shares of the company’s stock, valued at approximately $1,120,000.

Several other large investors have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF in the fourth quarter worth $711,000. Bison Wealth LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at $3,140,000. Royal Bank of Canada lifted its holdings in shares of iShares Bitcoin Trust ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of iShares Bitcoin Trust ETF by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after purchasing an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth $357,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $36.00 on Thursday. The stock’s fifty day moving average price is $36.93 and its 200 day moving average price is $40.73. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year high of $71.82.

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.