iShares Bitcoin Trust ETF $IBIT Shares Purchased by Rinkey Investments

Rinkey Investments boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 37.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,768 shares of the company’s stock after purchasing an additional 5,141 shares during the quarter. Rinkey Investments’ holdings in iShares Bitcoin Trust ETF were worth $1,149,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter worth $711,000. Bison Wealth LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at about $3,140,000. LPL Financial LLC grew its position in shares of iShares Bitcoin Trust ETF by 70.3% during the 1st quarter. LPL Financial LLC now owns 1,281,979 shares of the company’s stock valued at $60,009,000 after buying an additional 529,396 shares during the last quarter. Modera Wealth Management LLC raised its stake in iShares Bitcoin Trust ETF by 9.1% during the first quarter. Modera Wealth Management LLC now owns 13,940 shares of the company’s stock worth $653,000 after acquiring an additional 1,157 shares during the period. Finally, NorthRock Partners LLC lifted its holdings in iShares Bitcoin Trust ETF by 41.3% in the first quarter. NorthRock Partners LLC now owns 7,312 shares of the company’s stock worth $342,000 after acquiring an additional 2,136 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Up 1.0%

NASDAQ:IBIT opened at $51.55 on Friday. The stock has a 50 day moving average of $60.47 and a 200-day moving average of $62.34. iShares Bitcoin Trust ETF has a 52 week low of $42.98 and a 52 week high of $71.82.

About iShares Bitcoin Trust ETF

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.