Ackerman Capital Advisors LLC Has $2.11 Million Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Ackerman Capital Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 24.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,485 shares of the company’s stock after buying an additional 6,743 shares during the quarter. Ackerman Capital Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,111,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. American Capital Advisory LLC boosted its holdings in iShares Bitcoin Trust ETF by 144.7% during the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares in the last quarter. Signature Resources Capital Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 81.6% during the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after purchasing an additional 200 shares in the last quarter. Mather Group LLC. boosted its holdings in iShares Bitcoin Trust ETF by 164.2% during the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after purchasing an additional 376 shares in the last quarter. Berbice Capital Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 100.0% during the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new stake in iShares Bitcoin Trust ETF during the first quarter valued at approximately $30,000.

iShares Bitcoin Trust ETF Trading Down 3.7%

NASDAQ:IBIT opened at $66.20 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $34.94 and a 1 year high of $71.82. The firm has a 50 day moving average of $65.39 and a 200-day moving average of $60.52.

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.