US Bancorp DE Boosts Stake in iShares Bitcoin Trust ETF $IBIT

US Bancorp DE raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 27.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 375,443 shares of the company’s stock after buying an additional 81,404 shares during the period. US Bancorp DE’s holdings in iShares Bitcoin Trust ETF were worth $22,981,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Columbus Macro LLC increased its stake in iShares Bitcoin Trust ETF by 101.6% in the 2nd quarter. Columbus Macro LLC now owns 12,625 shares of the company’s stock valued at $773,000 after buying an additional 6,363 shares during the last quarter. Trifecta Capital Advisors LLC purchased a new stake in iShares Bitcoin Trust ETF in the 2nd quarter valued at about $108,000. Vontobel Holding Ltd. grew its position in shares of iShares Bitcoin Trust ETF by 103.8% during the 2nd quarter. Vontobel Holding Ltd. now owns 50,750 shares of the company’s stock valued at $3,106,000 after acquiring an additional 25,843 shares during the period. Rye Brook Capital LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at approximately $1,340,000. Finally, Schrum Private Wealth Management LLC grew its position in shares of iShares Bitcoin Trust ETF by 8.0% during the 2nd quarter. Schrum Private Wealth Management LLC now owns 5,707 shares of the company’s stock valued at $349,000 after acquiring an additional 424 shares during the period.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $66.20 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $34.94 and a twelve month high of $71.82. The firm has a 50 day moving average price of $65.39 and a 200-day moving average price of $60.44.

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.