Cambridge Associates LLC MA ADV Has $1.13 Million Holdings in iShares Bitcoin Trust ETF $IBIT

Cambridge Associates LLC MA ADV lifted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 135.4% during the first quarter, HoldingsChannel.com reports. The firm owned 29,497 shares of the company’s stock after purchasing an additional 16,966 shares during the period. Cambridge Associates LLC MA ADV’s holdings in iShares Bitcoin Trust ETF were worth $1,133,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. grew its position in iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Key Capital Management INC bought a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth about $26,000. Vermillion & White Wealth Management Group LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 637.5% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after buying an additional 459 shares during the last quarter. Sfam LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth about $26,000. Finally, Semmax Financial Advisors Inc. boosted its stake in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after buying an additional 284 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $37.34 on Thursday. The business has a 50-day moving average of $37.73 and a 200-day moving average of $41.28. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week 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.