StoneX Group Inc. Boosts Stock Position in iShares Bitcoin Trust ETF $IBIT

StoneX Group Inc. increased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 41.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,076 shares of the company’s stock after acquiring an additional 20,755 shares during the period. StoneX Group Inc.’s holdings in iShares Bitcoin Trust ETF were worth $4,347,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Seaview Investment Managers LLC lifted its position in shares of iShares Bitcoin Trust ETF by 132.1% during the second quarter. Seaview Investment Managers LLC now owns 23,202 shares of the company’s stock worth $1,420,000 after purchasing an additional 13,206 shares in the last quarter. SageView Advisory Group LLC purchased a new stake in iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $207,000. Flow Traders U.S. LLC lifted its holdings in iShares Bitcoin Trust ETF by 75.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 246,542 shares of the company’s stock worth $15,091,000 after buying an additional 106,304 shares in the last quarter. Cresset Asset Management LLC lifted its holdings in iShares Bitcoin Trust ETF by 100.0% during the 2nd quarter. Cresset Asset Management LLC now owns 668,522 shares of the company’s stock worth $40,920,000 after buying an additional 334,217 shares in the last quarter. Finally, Finer Wealth Management Inc. boosted its position in iShares Bitcoin Trust ETF by 136.2% in the 2nd quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock valued at $2,428,000 after buying an additional 22,872 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT opened at $50.69 on Friday. iShares Bitcoin Trust ETF has a 52 week low of $42.98 and a 52 week high of $71.82. The company has a fifty day simple moving average of $59.28 and a two-hundred day simple moving average of $62.06.

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.