Kercheville Advisors LLC grew its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 141.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,745 shares of the company’s stock after purchasing an additional 23,892 shares during the quarter. Kercheville Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,065,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the company. Vivaldi Capital Management LP increased its holdings in shares of iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after purchasing an additional 163 shares in the last quarter. McIlrath & Eck LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 30.3% during the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after buying an additional 163 shares in the last quarter. Howard Capital Management Group LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 0.6% during the third quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after buying an additional 165 shares in the last quarter. Encompass Wealth Advisors LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 2.2% during the third quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock worth $498,000 after buying an additional 165 shares in the last quarter. Finally, Thoroughbred Financial Services LLC boosted its position in shares of iShares Bitcoin Trust ETF by 3.3% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after acquiring an additional 172 shares during the last quarter.
iShares Bitcoin Trust ETF Stock Down 0.1%
NASDAQ IBIT opened at $44.02 on Friday. The firm’s 50-day moving average is $40.00 and its two-hundred day moving average is $48.55. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month 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.
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