iShares Bitcoin Trust ETF $IBIT Shares Acquired by RFG Advisory LLC

RFG Advisory LLC increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 66.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,218 shares of the company’s stock after purchasing an additional 16,438 shares during the quarter. RFG Advisory LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,523,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IBIT. American Capital Advisory LLC raised its position in iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock worth $26,000 after acquiring an additional 327 shares in the last quarter. Signature Resources Capital Management LLC raised 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 worth $27,000 after acquiring an additional 200 shares in 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 worth $28,000 after acquiring an additional 376 shares in the last quarter. Berbice Capital Management LLC raised its position in iShares Bitcoin Trust ETF by 100.0% in the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after acquiring an additional 300 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC purchased a new position in iShares Bitcoin Trust ETF in the first quarter worth $30,000.

iShares Bitcoin Trust ETF Trading Down 1.2%

NASDAQ:IBIT opened at $63.17 on Thursday. The stock has a fifty day moving average price of $65.34 and a two-hundred day moving average price of $60.76. iShares Bitcoin Trust ETF has a 1 year low of $37.09 and a 1 year 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.