Thompson Davis & CO. Inc. Buys 2,298 Shares of iShares Bitcoin Trust ETF $IBIT

Thompson Davis & CO. Inc. increased its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,471 shares of the company’s stock after buying an additional 2,298 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in iShares Bitcoin Trust ETF were worth $947,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBIT. Nemes Rush Group LLC lifted its stake in shares of 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 buying an additional 300 shares during the last quarter. Galvin Gaustad & Stein LLC raised its holdings in 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 valued at $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 first quarter worth approximately $5,308,000. Brighton Jones LLC acquired a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth approximately $711,000. Finally, J.W. Cole Advisors Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 125.3% during the first quarter. J.W. Cole Advisors Inc. now owns 24,419 shares of the company’s stock worth $1,143,000 after acquiring an additional 13,581 shares during the period.

iShares Bitcoin Trust ETF Trading Up 0.7%

Shares of NASDAQ IBIT opened at $58.02 on Thursday. The business’s 50 day moving average is $63.73 and its 200-day moving average is $62.73. iShares Bitcoin Trust ETF has a 1-year low of $42.98 and a 1-year high of $71.82.

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.