iShares Bitcoin Trust ETF $IBIT Stock Position Lifted by Advance Capital Management Inc.

Advance Capital Management Inc. lifted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 11.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,993 shares of the company’s stock after acquiring an additional 621 shares during the quarter. Advance Capital Management Inc.’s holdings in iShares Bitcoin Trust ETF were worth $367,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. American Capital Advisory LLC lifted its stake in iShares Bitcoin Trust ETF by 144.7% during 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 last quarter. Mather Group LLC. raised its holdings in shares of iShares Bitcoin Trust ETF by 164.2% during the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after purchasing an additional 376 shares during the period. Berbice Capital Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 100.0% in the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after buying an additional 300 shares during the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 1st quarter valued at about $30,000. Finally, TD Capital Management LLC grew its position in shares of iShares Bitcoin Trust ETF by 48.9% during the 1st quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after buying an additional 209 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $66.38 on Monday. The firm’s 50-day moving average price is $65.30 and its two-hundred day moving average price is $58.10. iShares Bitcoin Trust ETF has a 52-week low of $32.69 and a 52-week high of $69.89.

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.