Oarsman Capital Inc. Grows Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Oarsman Capital Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 7.6% during the second quarter, Holdings Channel.com reports. The firm owned 9,599 shares of the company’s stock after acquiring an additional 675 shares during the period. Oarsman Capital Inc.’s holdings in iShares Bitcoin Trust ETF were worth $588,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Evermay Wealth Management LLC raised its stake in iShares Bitcoin Trust ETF by 15.8% during the second quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock valued at $67,000 after purchasing an additional 150 shares in the last quarter. Osterweis Capital Management Inc. raised its stake in iShares Bitcoin Trust ETF by 10.8% during the first quarter. Osterweis Capital Management Inc. now owns 1,817 shares of the company’s stock valued at $85,000 after purchasing an additional 177 shares in the last quarter. Philadelphia Trust Co. raised its stake in iShares Bitcoin Trust ETF by 1.5% during the first quarter. Philadelphia Trust Co. now owns 11,891 shares of the company’s stock valued at $557,000 after purchasing an additional 180 shares in the last quarter. GSG Advisors LLC raised its stake in iShares Bitcoin Trust ETF by 2.4% during the second quarter. GSG Advisors LLC now owns 7,576 shares of the company’s stock valued at $464,000 after purchasing an additional 180 shares in the last quarter. Finally, Eagle Bay Advisors LLC raised its stake in iShares Bitcoin Trust ETF by 3.9% during the second quarter. Eagle Bay Advisors LLC now owns 4,979 shares of the company’s stock valued at $305,000 after purchasing an additional 187 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $62.75 on Thursday. iShares Bitcoin Trust ETF has a twelve month low of $38.17 and a twelve month high of $71.82. The company’s fifty day simple moving average is $64.55 and its 200-day simple moving average is $62.11.

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.