Columbus Macro LLC Has $773,000 Stock Position in iShares Bitcoin Trust ETF $IBIT

Columbus Macro LLC increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 101.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,625 shares of the company’s stock after buying an additional 6,363 shares during the period. Columbus Macro LLC’s holdings in iShares Bitcoin Trust ETF were worth $773,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IBIT. American Capital Advisory LLC lifted its position in iShares Bitcoin Trust ETF by 144.7% during the 1st quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the period. Signature Resources Capital Management LLC lifted its position in iShares Bitcoin Trust ETF by 81.6% during the 2nd 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 during the period. Mather Group LLC. lifted its position in iShares Bitcoin Trust ETF by 164.2% during the 1st quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after purchasing an additional 376 shares during the period. Berbice Capital Management LLC lifted its position in iShares Bitcoin Trust ETF by 100.0% during the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the period. Finally, Smallwood Wealth Investment Management LLC acquired a new position in iShares Bitcoin Trust ETF during the 1st quarter valued at about $30,000.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $68.74 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $33.47 and a 1 year high of $71.82. The company’s 50-day moving average is $65.35 and its two-hundred day moving average is $60.33.

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.