Stonehage Fleming Financial Services Holdings Ltd Buys 3,320 Shares of iShares Bitcoin Trust ETF $IBIT

Stonehage Fleming Financial Services Holdings Ltd boosted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 23.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,523 shares of the company’s stock after purchasing an additional 3,320 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in iShares Bitcoin Trust ETF were worth $1,073,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Signature Resources Capital Management LLC grew its holdings 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 purchasing an additional 200 shares during the period. RMG Wealth Management LLC purchased a new stake in iShares Bitcoin Trust ETF in the second quarter worth about $30,000. JFS Wealth Advisors LLC grew its holdings in iShares Bitcoin Trust ETF by 1,277.1% in the second quarter. JFS Wealth Advisors LLC now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares during the period. American Capital Advisory LLC grew its holdings 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 purchasing an additional 327 shares during the period. Finally, Berbice Capital Management LLC grew its holdings 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 purchasing an additional 300 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $66.20 on Friday. iShares Bitcoin Trust ETF has a fifty-two week low of $34.94 and a fifty-two week high of $71.82. The firm’s 50-day simple moving average is $65.39 and its two-hundred day simple moving average is $60.52.

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.