Anthracite Investment Company Inc. Purchases Shares of 143,900 iShares Bitcoin Trust ETF $IBIT

Anthracite Investment Company Inc. purchased a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 143,900 shares of the company’s stock, valued at approximately $8,808,000. iShares Bitcoin Trust ETF comprises about 4.4% of Anthracite Investment Company Inc.’s portfolio, making the stock its 4th largest position.

Several other institutional investors also recently bought and sold shares of IBIT. Evermay Wealth Management LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 15.8% during the 2nd quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock worth $67,000 after buying an additional 150 shares during the last quarter. Osterweis Capital Management Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 10.8% during the 1st quarter. Osterweis Capital Management Inc. now owns 1,817 shares of the company’s stock worth $85,000 after buying an additional 177 shares during the last quarter. Philadelphia Trust Co. increased its holdings in shares of iShares Bitcoin Trust ETF by 1.5% during the 1st quarter. Philadelphia Trust Co. now owns 11,891 shares of the company’s stock worth $557,000 after buying an additional 180 shares during the last quarter. GSG Advisors LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 2.4% during the 2nd quarter. GSG Advisors LLC now owns 7,576 shares of the company’s stock worth $464,000 after buying an additional 180 shares during the last quarter. Finally, Eagle Bay Advisors LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 3.9% during the 2nd quarter. Eagle Bay Advisors LLC now owns 4,979 shares of the company’s stock worth $305,000 after buying an additional 187 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $62.83 on Friday. The business has a fifty day simple moving average of $64.60 and a 200-day simple moving average of $61.63. iShares Bitcoin Trust ETF has a 52 week low of $37.47 and a 52 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.