Fox Hill Wealth Management Takes $200,000 Position in iShares Bitcoin Trust ETF $IBIT

Fox Hill Wealth Management acquired a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 3,268 shares of the company’s stock, valued at approximately $200,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wesbanco Bank Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 0.3% during the second quarter. Wesbanco Bank Inc. now owns 104,796 shares of the company’s stock valued at $6,415,000 after acquiring an additional 341 shares in the last quarter. Vishria Bird Financial Group LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 1.7% during the second quarter. Vishria Bird Financial Group LLC now owns 123,834 shares of the company’s stock valued at $7,580,000 after acquiring an additional 2,058 shares in the last quarter. Modus Advisors LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 240.4% during the second quarter. Modus Advisors LLC now owns 46,631 shares of the company’s stock valued at $2,854,000 after acquiring an additional 32,934 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Bitcoin Trust ETF during the second quarter valued at approximately $366,000. Finally, Salem Investment Counselors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 2,785.4% during the second quarter. Salem Investment Counselors Inc. now owns 56,612 shares of the company’s stock valued at $3,465,000 after acquiring an additional 54,650 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $66.38 on Friday. iShares Bitcoin Trust ETF has a 52 week low of $32.69 and a 52 week high of $69.89. The business has a 50 day moving average price of $65.30 and a 200-day moving average price of $58.02.

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.