Milestone Asset Management LLC Grows Stock Position in iShares Bitcoin Trust ETF $IBIT

Milestone Asset Management LLC grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 9.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,376 shares of the company’s stock after acquiring an additional 919 shares during the quarter. Milestone Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $635,000 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 increased its holdings in shares of iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. Mather Group LLC. grew its stake in shares of iShares Bitcoin Trust ETF by 164.2% in the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after buying an additional 376 shares in the last quarter. Berbice Capital Management LLC grew its stake in shares of iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after buying an additional 300 shares in the last quarter. TD Capital Management LLC grew its stake in shares of iShares Bitcoin Trust ETF by 48.9% in the first quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after buying an additional 209 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the second quarter valued at $30,000.

iShares Bitcoin Trust ETF Stock Down 2.8%

Shares of NASDAQ IBIT opened at $60.53 on Tuesday. iShares Bitcoin Trust ETF has a twelve month low of $38.17 and a twelve month high of $71.82. The stock has a fifty day simple moving average of $64.36 and a 200-day simple moving average of $62.48.

iShares Bitcoin Trust ETF 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.