iShares Bitcoin Trust ETF $IBIT Shares Acquired by Apexium Financial LP

Apexium Financial LP increased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 33.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,698 shares of the company’s stock after acquiring an additional 3,462 shares during the quarter. Apexium Financial LP’s holdings in iShares Bitcoin Trust ETF were worth $838,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Nemes Rush Group LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 13.1% in the 1st quarter. Nemes Rush Group LLC now owns 2,582 shares of the company’s stock worth $121,000 after acquiring an additional 300 shares during the last quarter. Galvin Gaustad & Stein LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 158.1% in the 1st quarter. Galvin Gaustad & Stein LLC now owns 12,080 shares of the company’s stock worth $565,000 after acquiring an additional 7,400 shares during the last quarter. Brio Consultants LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the first quarter valued at $5,308,000. Mather Group LLC. grew its holdings in shares of 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 buying an additional 376 shares in the last quarter. Finally, Brighton Jones LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at $711,000.

iShares Bitcoin Trust ETF Trading Up 1.5%

Shares of IBIT stock opened at $69.81 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $33.47 and a 1-year high of $70.53. The stock’s fifty day simple moving average is $65.10 and its 200-day simple moving average is $59.74.

iShares Bitcoin Trust ETF 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.