Fort Washington Investment Advisors Inc. OH Acquires New Position in iShares Bitcoin Trust ETF $IBIT

Fort Washington Investment Advisors Inc. OH bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, HoldingsChannel.com reports. The firm bought 6,081 shares of the company’s stock, valued at approximately $372,000.

Several other hedge funds and other institutional investors also recently modified their holdings of IBIT. Signature Resources Capital Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 81.6% in the second quarter. Signature Resources Capital Management LLC now owns 445 shares of the company’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. American Capital Advisory LLC increased its position in iShares Bitcoin Trust ETF by 144.7% during the 1st quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock worth $26,000 after purchasing an additional 327 shares in the last quarter. Berbice Capital Management LLC lifted its stake in iShares Bitcoin Trust ETF by 100.0% in the 1st quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the last quarter. Mather Group LLC. boosted its position in iShares Bitcoin Trust ETF by 164.2% in the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock valued at $28,000 after buying an additional 376 shares in the last quarter. Finally, TD Capital Management LLC boosted its position in iShares Bitcoin Trust ETF by 48.9% in the first quarter. TD Capital Management LLC now owns 636 shares of the company’s stock valued at $30,000 after buying an additional 209 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT opened at $64.97 on Tuesday. The stock’s 50-day moving average is $65.07 and its 200-day moving average is $59.35. iShares Bitcoin Trust ETF has a 1-year low of $33.47 and a 1-year 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.