Fountainhead AM LLC Purchases 2,038 Shares of iShares Bitcoin Trust ETF $IBIT

Fountainhead AM LLC lifted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,665 shares of the company’s stock after acquiring an additional 2,038 shares during the quarter. iShares Bitcoin Trust ETF accounts for 0.7% of Fountainhead AM LLC’s portfolio, making the stock its 25th largest position. Fountainhead AM LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,815,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Fidelis Capital Partners LLC raised its position in iShares Bitcoin Trust ETF by 16.1% in the 2nd quarter. Fidelis Capital Partners LLC now owns 5,145 shares of the company’s stock worth $337,000 after purchasing an additional 715 shares during the period. Fonville Wealth Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 21.2% in the second quarter. Fonville Wealth Management LLC now owns 22,590 shares of the company’s stock worth $1,383,000 after buying an additional 3,953 shares during the period. SFE Investment Counsel bought a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $233,000. Pinnacle Wealth Management Advisory Group LLC purchased a new position in iShares Bitcoin Trust ETF during the 2nd quarter valued at $220,000. Finally, Winthrop Capital Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 18.6% during the 2nd quarter. Winthrop Capital Management LLC now owns 1,273 shares of the company’s stock valued at $78,000 after acquiring an additional 200 shares during the period.

iShares Bitcoin Trust ETF Trading Up 2.8%

IBIT stock opened at $58.88 on Monday. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month high of $71.82. The business’s fifty day simple moving average is $63.97 and its two-hundred day simple moving average is $62.69.

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.