Proficio Capital Partners LLC boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 390.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 505,612 shares of the company’s stock after acquiring an additional 402,567 shares during the period. Proficio Capital Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $16,832,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in IBIT. Brighton Jones LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $711,000. Bison Wealth LLC acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at $3,140,000. Royal Bank of Canada raised 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 buying an additional 2,148 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in iShares Bitcoin Trust ETF by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after buying an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in iShares Bitcoin Trust ETF during the 2nd quarter worth about $357,000.
iShares Bitcoin Trust ETF Stock Up 1.8%
NASDAQ:IBIT opened at $44.67 on Tuesday. The stock has a 50-day simple moving average of $37.23 and a 200-day simple moving average of $39.26. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year 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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