Darden Wealth Group Inc Purchases Shares of 3,382 iShares Bitcoin Trust ETF $IBIT

Darden Wealth Group Inc bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,382 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds have also recently modified their holdings of the company. American Capital Advisory LLC raised its holdings in shares of 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 acquiring an additional 327 shares during the last quarter. Signature Resources Capital Management LLC lifted its position in iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock valued at $27,000 after buying an additional 200 shares during the last quarter. Mather Group LLC. raised its position in iShares Bitcoin Trust ETF by 164.2% in 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 during the period. Berbice Capital Management LLC grew its position in iShares Bitcoin Trust ETF by 100.0% in the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after acquiring an additional 300 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the first quarter worth $30,000.

iShares Bitcoin Trust ETF Stock Up 0.4%

NASDAQ:IBIT opened at $62.83 on Friday. The stock has a 50-day simple moving average of $64.60 and a 200-day simple moving average of $61.63. iShares Bitcoin Trust ETF has a 1 year low of $37.47 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.