Waterloo Capital L.P. Acquires Shares of 56,018 iShares Bitcoin Trust ETF $IBIT

Waterloo Capital L.P. bought a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, Holdings Channel reports. The firm bought 56,018 shares of the company’s stock, valued at approximately $3,429,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Signature Resources Capital Management LLC raised its position in iShares Bitcoin Trust ETF by 81.6% during the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after acquiring an additional 200 shares in the last quarter. TD Capital Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 48.9% during the 1st quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after purchasing an additional 209 shares in the last quarter. RMG Wealth Management LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at $30,000. JFS Wealth Advisors LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 1,277.1% in the 2nd quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 447 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Bitcoin Trust ETF by 261.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 730 shares of the company’s stock worth $34,000 after purchasing an additional 528 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $47.97 on Friday. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year high of $71.82. The company’s fifty day moving average price is $61.99 and its two-hundred day moving average price is $62.60.

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.