iShares Bitcoin Trust ETF $IBIT Shares Bought by Midwest Financial Group LLC

Midwest Financial Group LLC grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 16.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 11,888 shares of the company’s stock after purchasing an additional 1,700 shares during the period. Midwest Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $728,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Signature Resources Capital Management LLC grew its stake in iShares Bitcoin Trust ETF by 81.6% during the 2nd quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after buying an additional 200 shares during the last quarter. American Capital Advisory LLC raised its stake in iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after buying an additional 327 shares during the last quarter. Berbice Capital Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after acquiring an additional 300 shares in the last quarter. Mather Group LLC. grew its stake 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, TD Capital Management LLC grew its stake in shares of iShares Bitcoin Trust ETF by 48.9% during the first quarter. TD Capital Management LLC now owns 636 shares of the company’s stock worth $30,000 after acquiring an additional 209 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $65.00 on Wednesday. The firm’s 50-day moving average price is $65.02 and its 200-day moving average price is $59.39. iShares Bitcoin Trust ETF has a 52-week low of $33.47 and a 52-week 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.