MSH Capital Advisors LLC Purchases New Holdings in iShares Bitcoin Trust ETF $IBIT

MSH Capital Advisors LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,626 shares of the company’s stock, valued at approximately $406,000.

A number of other hedge funds also recently bought and sold shares of IBIT. Goldman Sachs Group Inc. raised its holdings in iShares Bitcoin Trust ETF by 80.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after acquiring an additional 13,731,993 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in iShares Bitcoin Trust ETF in the 2nd quarter valued at about $408,082,000. BSN CAPITAL PARTNERS Ltd acquired a new stake in iShares Bitcoin Trust ETF in the 1st quarter valued at about $133,168,000. Senator Investment Group LP acquired a new stake in iShares Bitcoin Trust ETF in the 1st quarter valued at about $59,215,000. Finally, Mariner Investment Group LLC acquired a new stake in iShares Bitcoin Trust ETF in the 2nd quarter valued at about $50,907,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $68.74 on Friday. The company has a 50 day simple moving average of $65.35 and a 200-day simple moving average of $60.33. iShares Bitcoin Trust ETF has a 1 year low of $33.47 and a 1 year 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.