GR Financial Group LLC grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 177.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,791 shares of the company’s stock after purchasing an additional 22,243 shares during the period. iShares Bitcoin Trust ETF comprises about 0.2% of GR Financial Group LLC’s holdings, making the stock its 11th largest position. GR Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,158,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $711,000. Bison Wealth LLC acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $3,140,000. Royal Bank of Canada lifted its stake in iShares Bitcoin Trust ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after acquiring an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in iShares Bitcoin Trust ETF by 427.2% in the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after acquiring an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in iShares Bitcoin Trust ETF in the second quarter worth approximately $357,000.
iShares Bitcoin Trust ETF Stock Performance
Shares of IBIT opened at $35.63 on Friday. The company’s fifty day moving average is $35.88 and its 200-day moving average is $39.45. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82.
iShares Bitcoin Trust ETF Company 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.
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