iShares Bitcoin Trust ETF $IBIT Stake Boosted by Lansing Street Advisors

Lansing Street Advisors boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 87.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 51,136 shares of the company’s stock after acquiring an additional 23,800 shares during the quarter. iShares Bitcoin Trust ETF accounts for about 0.9% of Lansing Street Advisors’ investment portfolio, making the stock its 25th largest holding. Lansing Street Advisors’ holdings in iShares Bitcoin Trust ETF were worth $3,130,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Nemes Rush Group LLC boosted its position in iShares Bitcoin Trust ETF by 13.1% during 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 period. Galvin Gaustad & Stein LLC boosted its position in iShares Bitcoin Trust ETF by 158.1% during 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 period. Brio Consultants LLC acquired a new stake in iShares Bitcoin Trust ETF during the 1st quarter worth about $5,308,000. Mather Group LLC. boosted 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 worth $28,000 after acquiring an additional 376 shares during the period. Finally, Brighton Jones LLC acquired a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth about $711,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $69.13 on Wednesday. iShares Bitcoin Trust ETF has a one year low of $33.47 and a one year high of $71.82. The business has a 50-day moving average price of $65.23 and a two-hundred day moving average price of $60.13.

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.