Savant Capital LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 31.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,408 shares of the company’s stock after acquiring an additional 8,729 shares during the quarter. Savant Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,229,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Evermay Wealth Management LLC grew its position 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. boosted its stake in shares of iShares Bitcoin Trust ETF by 10.8% during the 1st quarter. Osterweis Capital Management Inc. now owns 1,817 shares of the company’s stock valued at $85,000 after buying an additional 177 shares during the period. Philadelphia Trust Co. grew its holdings in shares of iShares Bitcoin Trust ETF by 1.5% during the 1st quarter. Philadelphia Trust Co. now owns 11,891 shares of the company’s stock valued at $557,000 after acquiring an additional 180 shares in the last quarter. GSG Advisors LLC increased its stake in shares of iShares Bitcoin Trust ETF by 2.4% in the second quarter. GSG Advisors LLC now owns 7,576 shares of the company’s stock worth $464,000 after acquiring an additional 180 shares during the last quarter. Finally, Eagle Bay Advisors LLC raised its holdings in shares of 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 worth $305,000 after acquiring an additional 187 shares in the last quarter.
iShares Bitcoin Trust ETF Stock Performance
Shares of NASDAQ IBIT opened at $60.19 on Tuesday. The business’s 50-day moving average price is $63.94 and its two-hundred day moving average price is $62.73. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one 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.
See Also
- Five stocks we like better than iShares Bitcoin Trust ETF
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Insiders Sold Big at These 3 Stocks—Should You Worry?
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops
- 3 Dividend Kings To Consider
- Nuclear Stocks Are Melting Down—Should Investors Panic?
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
Receive News & Ratings for iShares Bitcoin Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
