Axecap Investments LLC Makes New $209,000 Investment in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Axecap Investments LLC bought a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,459 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Pathway Financial Advisers LLC increased its stake in iShares Bitcoin Trust ETF by 52.9% in the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock worth $35,000 after acquiring an additional 230 shares during the last quarter. SouthState Corp increased its stake in iShares Bitcoin Trust ETF by 5.5% in the 4th quarter. SouthState Corp now owns 4,411 shares of the company’s stock worth $234,000 after acquiring an additional 230 shares during the last quarter. City Holding Co. increased its stake in iShares Bitcoin Trust ETF by 47.1% in the 1st quarter. City Holding Co. now owns 718 shares of the company’s stock worth $34,000 after acquiring an additional 230 shares during the last quarter. Mosley Wealth Management increased its stake in iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock worth $496,000 after acquiring an additional 231 shares during the last quarter. Finally, Benin Management CORP increased its stake in iShares Bitcoin Trust ETF by 4.6% in the 1st quarter. Benin Management CORP now owns 6,170 shares of the company’s stock worth $289,000 after acquiring an additional 270 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Down 0.7%

Shares of iShares Bitcoin Trust ETF stock opened at $61.84 on Thursday. The business’s 50-day moving average price is $55.20 and its 200-day moving average price is $54.14. iShares Bitcoin Trust ETF has a 12 month low of $28.23 and a 12 month high of $63.70.

iShares Bitcoin Trust ETF 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.