Index Fund Advisors Inc. Buys Shares of 5,960 iShares Bitcoin Trust (NASDAQ:IBIT)

Index Fund Advisors Inc. purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBITFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,960 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FinTrust Capital Advisors LLC bought a new position in iShares Bitcoin Trust in the first quarter valued at approximately $26,000. Sound Income Strategies LLC acquired a new position in iShares Bitcoin Trust in the 1st quarter worth $30,000. Creekmur Asset Management LLC acquired a new position in iShares Bitcoin Trust in the 1st quarter worth $30,000. International Assets Investment Management LLC bought a new position in iShares Bitcoin Trust during the 2nd quarter worth about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Bitcoin Trust in the 2nd quarter valued at about $36,000.

iShares Bitcoin Trust Stock Down 1.4 %

Shares of IBIT stock traded down $0.47 on Wednesday, hitting $32.51. 8,347,366 shares of the stock were exchanged, compared to its average volume of 30,903,367. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $41.99. The business has a 50-day moving average of $34.86 and a 200 day moving average of $36.33.

iShares Bitcoin Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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