SouthState Corp Has $299,000 Position in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

SouthState Corp raised its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 44.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,386 shares of the company’s stock after buying an additional 1,975 shares during the period. SouthState Corp’s holdings in iShares Bitcoin Trust ETF were worth $299,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Aveo Capital Partners LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 52.6% during the 1st quarter. Aveo Capital Partners LLC now owns 67,111 shares of the company’s stock valued at $3,141,000 after buying an additional 23,120 shares during the period. King Luther Capital Management Corp acquired a new stake in shares of iShares Bitcoin Trust ETF during the 1st quarter valued at $271,000. Bare Financial Services Inc boosted its stake in shares of iShares Bitcoin Trust ETF by 388.5% during the 1st quarter. Bare Financial Services Inc now owns 4,445 shares of the company’s stock valued at $208,000 after buying an additional 3,535 shares during the period. Basso Capital Management L.P. boosted its stake in shares of iShares Bitcoin Trust ETF by 11.9% during the 1st quarter. Basso Capital Management L.P. now owns 35,125 shares of the company’s stock valued at $1,644,000 after buying an additional 3,725 shares during the period. Finally, Pandora Wealth Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF during the 1st quarter valued at $513,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $67.64 on Tuesday. iShares Bitcoin Trust ETF has a 12-month low of $30.24 and a 12-month high of $69.46. The firm has a fifty day moving average of $63.36 and a two-hundred day moving average of $56.49.

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.